Technical analysis EURJPY for 07.09.2023

07.09.2023 01:08
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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 158.050. The closest resistance is the level 158.525

Key levels

  • 159.600, 159.050, 158.525, 158.050, 157.400

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 158.525, with Take Profit of 159.050 and Stop Loss of 158.050

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 158.050, with Take Profit of 157.400 and Stop Loss of 158.525

Guión
Recomendación
BUY STOP

Punto de entrada
158.525

Take Profit
159.050

Stop Loss
158.050

Niveles clave
159.600, 159.050, 158.525, 158.050, 157.400
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
158.050

Take Profit
157.400

Stop Loss
158.525