Technical analysis EURNZD for 23.09.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
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 adjusted to the Kijun-sen line. The closest resistance is the level 1.68740. The closest support is the level 1.67730
Key levels
- 1.69540, 1.69190, 1.68740, 1.67730, 1.67250, 1.66780
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.68740, with Take Profit of 1.69190 and Stop Loss of 1.68250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.67730, with Take Profit of 1.67250 and Stop Loss of 1.68250
Scenario
Recommendation
BUY STOP
Entry Point
1.68740
Take Profit
1.69190
Stop Loss
1.68250
Key Levels
1.69540, 1.69190, 1.68740, 1.67730, 1.67250, 1.66780
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.67730
Take Profit
1.67250
Stop Loss
1.68250
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.