Technical analysis CHFJPY for 30.08.2023

30.08.2023 17:02
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 above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 168.420. The closest support is the level 164.950

Key levels

  • 170.860, 168.420, 164.950, 162.290, 159.650

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 168.420, with Take Profit of 170.860 and Stop Loss of 166.700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 164.950, with Take Profit of 162.290 and Stop Loss of 166.700

Guión
Recomendación
BUY STOP

Punto de entrada
168.420

Take Profit
170.860

Stop Loss
166.700

Niveles clave
170.860, 168.420, 164.950, 162.290, 159.650
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
164.950

Take Profit
162.290

Stop Loss
166.700