Technical analysis EURUSD for 08.06.2023

08.06.2023 01:37
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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.07350. The closest support is the level 1.06120

Key levels

  • 1.08190, 1.07740, 1.07350, 1.06120, 1.05770, 1.05240

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.07350, with Take Profit of 1.07740 and Stop Loss of 1.06500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06120, with Take Profit of 1.05770 and Stop Loss of 1.06500
Guión
Recomendación
BUY STOP

Punto de entrada
1.07350

Take Profit
1.07740

Stop Loss
1.06500

Niveles clave
1.08190, 1.07740, 1.07350, 1.06120, 1.05770, 1.05240
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.06120

Take Profit
1.05770

Stop Loss
1.06500