Technical analysis EURJPY for 14.08.2023

14.08.2023 17:12
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 160.220. The closest support is the level 156.620

Key levels

  • 162.540, 160.220, 156.620, 154.430, 152.230

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 160.220, with Take Profit of 162.540 and Stop Loss of 158.310

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 156.620, with Take Profit of 154.430 and Stop Loss of 158.310

Guión
Recomendación
BUY STOP

Punto de entrada
160.220

Take Profit
162.540

Stop Loss
158.310

Niveles clave
162.540, 160.220, 156.620, 154.430, 152.230
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
156.620

Take Profit
154.430

Stop Loss
158.310