Technical analysis EURJPY for 01.03.2024
01.03.2024 01:03
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 161.500. The closest resistance is the level 162.400
Key levels
- 163.300, 162.400, 161.500, 160.350, 159.425
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 162.400, with Take Profit of 163.300 and Stop Loss of 161.500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 161.500, with Take Profit of 160.350 and Stop Loss of 162.400
Guión
Recomendación
BUY STOP
Punto de entrada
162.400
Take Profit
163.300
Stop Loss
161.500
Niveles clave
163.300, 162.400, 161.500, 160.350, 159.425
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
161.500
Take Profit
160.350
Stop Loss
162.400