Technical analysis USDJPY for 29.06.2022
29.06.2022 18:36
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 resistance is the level 137.000. The closest support is the level 136.280
Key levels
- 138.340, 137.790, 137.000, 136.280, 135.450, 134.980
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 137.000, with Take Profit of 137.790 and Stop Loss of 136.600
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 136.280, with Take Profit of 135.450 and Stop Loss of 136.600
Scenario
Recommendation
BUY STOP
Entry Point
137.000
Take Profit
137.790
Stop Loss
136.600
Key Levels
138.340, 137.790, 137.000, 136.280, 135.450, 134.980
Alternative scenario
Recommendation
SELL STOP
Entry Point
136.280
Take Profit
135.450
Stop Loss
136.600