Technical analysis EURJPY for 17.11.2023

17.11.2023 00:48
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 support is the level 163.175. The closest resistance is the level 164.125

Key levels

  • 164.750, 164.125, 163.175, 162.750, 162.150

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 163.175, with Take Profit of 164.125 and Stop Loss of 162.750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 162.750, with Take Profit of 162.150 and Stop Loss of 163.175

Guión
Recomendación
BUY LIMIT

Punto de entrada
163.175

Take Profit
164.125

Stop Loss
162.750

Niveles clave
164.750, 164.125, 163.175, 162.750, 162.150
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
162.750

Take Profit
162.150

Stop Loss
163.175