Technical analysis USDJPY for 13.12.2024
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 trading above the Tenkan-se and Kijun-sen lines
Key levels
150.6, 151.71, 152.5, 153.2, 153.8
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 151.71, with Take Profit of 153.2 and Stop Loss of 150.6
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 153.2, with Take Profit of 150.6 and Stop Loss of 153.8