Technical analysis USDJPY for 13.06.2022
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 traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 134.290. The closest support is the level 133.260
Key levels
- 135.560, 134.840, 134.290, 133.260, 132.680, 132.210
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 134.290, with Take Profit of 134.840 and Stop Loss of 133.650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 133.260, with Take Profit of 132.680 and Stop Loss of 133.650