Technical analysis EURJPY for 11.03.2024
11.03.2024 01:27
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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 160.300. The closest resistance is the level 161.000
Key levels
- 162.300, 161.700, 161.000, 160.300, 159.550
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 160.300, with Take Profit of 159.550 and Stop Loss of 161.000
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 161.000, with Take Profit of 161.700 and Stop Loss of 160.300
Guión
Recomendación
SELL STOP
Punto de entrada
160.300
Take Profit
159.550
Stop Loss
161.000
Niveles clave
162.300, 161.700, 161.000, 160.300, 159.550
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
161.000
Take Profit
161.700
Stop Loss
160.300