Technical analysis CHFJPY for 05.07.2023
05.07.2023 01:12
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below 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 163.086. The closest support is the level 158.720
Key levels
- 165.470, 163.086, 158.720, 156.330, 153.780
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 163.086, with Take Profit of 165.470 and Stop Loss of 160.970
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 158.720, with Take Profit of 156.330 and Stop Loss of 160.970
Guión
Recomendación
BUY STOP
Punto de entrada
163.086
Take Profit
165.470
Stop Loss
160.970
Niveles clave
165.470, 163.086, 158.720, 156.330, 153.780
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
158.720
Take Profit
156.330
Stop Loss
160.970