Technical analysis EURJPY for 24.03.2022
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 133.30. The closest resistance is the level 133.90
Key levels
- 135.40, 134.95, 134.50, 133.90, 133.30, 132.40, 131.90, 131.30
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 133.90, with Take Profit of 134.50 and Stop Loss of 133.30
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 133.30, with Take Profit of 132.40 and Stop Loss of 133.90