Technical analysis EURJPY for 04.08.2023
04.08.2023 02:06
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 155.875. The closest resistance is the level 156.250
Key levels
- 156.975, 156.625, 156.250, 155.875, 155.500, 155.175
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 156.250, with Take Profit of 156.625 and Stop Loss of 155.875
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 155.875, with Take Profit of 155.500 and Stop Loss of 156.250
Guión
Recomendación
BUY STOP
Punto de entrada
156.250
Take Profit
156.625
Stop Loss
155.875
Niveles clave
156.975, 156.625, 156.250, 155.875, 155.500, 155.175
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
155.875
Take Profit
155.500
Stop Loss
156.250