Technical analysis CHFJPY for 22.06.2023
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 157.590. The closest support is the level 159.820

Key levels
- 162.010, 159.820, 157.590, 155.380, 153.140
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 157.590, with Take Profit of 155.380 and Stop Loss of 158.700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 159.820, with Take Profit of 162.010 and Stop Loss of 158.700