Technical analysis EURUSD for 01.06.2023

01.06.2023 18:36
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. 

Key levels

  • 1.09700, 1.08910, 1.08230, 1.06200, 1.05630, 1.05120

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.08230, with Take Profit of 1.08910 and Stop Loss of 1.06950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06200, with Take Profit of 1.05630 and Stop Loss of 1.06950
Guión
Recomendación
BUY STOP

Punto de entrada
1.08230

Take Profit
1.08910

Stop Loss
1.06950

Niveles clave
1.09700, 1.08910, 1.08230, 1.06200, 1.05630, 1.05120
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.06200

Take Profit
1.05630

Stop Loss
1.06950