Technical analysis EURGBP for 20.05.2022

20.05.2022 09:01
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.85090. The closest support is the level 0.84640

Key levels

  • 0.85640, 0.85270, 0.85090, 0.84640, 0.84350, 0.84160

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.85090, with Take Profit of 0.85270 and Stop Loss of 0.84850

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.84640, with Take Profit of 0.84350 and Stop Loss of 0.84850
Guión
Recomendación
BUY STOP

Punto de entrada
0.85090

Take Profit
0.85270

Stop Loss
0.84850

Niveles clave
0.85640, 0.85270, 0.85090, 0.84640, 0.84350, 0.84160
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.84640

Take Profit
0.84350

Stop Loss
0.84850