Technical analysis EURJPY for 28.09.2023

28.09.2023 01:35
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 156.925. The closest resistance is the level 157.225

Key levels

  • 157.975, 157.575, 157.225, 156.925, 156.625

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 156.925, with Take Profit of 156.625 and Stop Loss of 157.225

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 157.225, with Take Profit of 157.575 and Stop Loss of 156.925

Guión
Recomendación
SELL STOP

Punto de entrada
156.925

Take Profit
156.625

Stop Loss
157.225

Niveles clave
157.975, 157.575, 157.225, 156.925, 156.625
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
157.225

Take Profit
157.575

Stop Loss
156.925