Technical analysis EURJPY for 23.08.2022

23.08.2022 02:37
Intradía
Técnico

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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 136.500. The closest resistance is the level 137.150

Key levels

  • 137.975, 137.150, 136.500, 135.800, 134.975

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 137.150, with Take Profit of 137.975 and Stop Loss of 136.500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 136.500, with Take Profit of 135.800 and Stop Loss of 137.150
Guión
Recomendación
BUY STOP

Punto de entrada
137.150

Take Profit
137.975

Stop Loss
136.500

Niveles clave
137.975, 137.150, 136.500, 135.800, 134.975
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
136.500

Take Profit
135.800

Stop Loss
137.150