Technical analysis EURJPY for 05.12.2023
05.12.2023 00:57
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 159.100. The closest resistance is the level 159.600
Key levels
- 160.150, 159.600, 159.100, 158.725, 158.400
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 159.100, with Take Profit of 158.725 and Stop Loss of 159.600
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 159.600, with Take Profit of 160.150 and Stop Loss of 159.100
Guión
Recomendación
SELL STOP
Punto de entrada
159.100
Take Profit
158.725
Detener la pérdida de
159.600
Niveles clave
160.150, 159.600, 159.100, 158.725, 158.400
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
159.600
Take Profit
160.150
Detener la pérdida de
159.100