Technical analysis EURGBP for 21.06.2022
21.06.2022 08:44
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.85650. The closest resistance is the level 0.85875
Key levels
- 0.86525, 0.86150, 0.85875, 0.85650, 0.85400, 0.85080
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.85875, with Take Profit of 0.86150 and Stop Loss of 0.85650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.85650, with Take Profit of 0.85400 and Stop Loss of 0.85875
Scenario
Recommendation
BUY STOP
Entry Point
0.85875
Take Profit
0.86150
Stop Loss
0.85650
Key Levels
0.86525, 0.86150, 0.85875, 0.85650, 0.85400, 0.85080
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.85650
Take Profit
0.85400
Stop Loss
0.85875