Technical analysis EURJPY for 11.10.2023

11.10.2023 01:35
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 support is the level 157.525. The closest resistance is the level 157.825

Key levels

  • 158.250, 157.825, 157.525, 157.200, 156.750

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 157.825, with Take Profit of 158.250 and Stop Loss of 157.525

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 157.525, with Take Profit of 157.200 and Stop Loss of 157.825

Guión
Recomendación
BUY STOP

Punto de entrada
157.825

Take Profit
158.250

Stop Loss
157.525

Niveles clave
158.250, 157.825, 157.525, 157.200, 156.750
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
157.525

Take Profit
157.200

Stop Loss
157.825