Technical analysis CHFJPY for 22.08.2022
22.08.2022 02:07
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. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 143.090. The closest support is the level 142.290
Key levels
- 144.130, 143.520, 143.090, 142.290, 141.850, 141.320
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 143.090, with Take Profit of 143.520 and Stop Loss of 142.400
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 142.290, with Take Profit of 141.850 and Stop Loss of 142.400
Scenario
Recommendation
BUY STOP
Entry Point
143.090
Take Profit
143.520
Stop Loss
142.400
Key Levels
144.130, 143.520, 143.090, 142.290, 141.850, 141.320
Alternative scenario
Recommendation
SELL STOP
Entry Point
142.290
Take Profit
141.850
Stop Loss
142.400