Technical analysis CHFJPY for 08.09.2022
08.09.2022 02:23
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 support is the level 147.050. The closest resistance is the level 149.450
Key levels
- 151.325, 149.450, 147.050, 145.225, 143.350, 142.250
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 147.050, with Take Profit of 149.450 and Stop Loss of 145.225
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 145.225, with Take Profit of 143.350 and Stop Loss of 147.050
Scenario
Recommendation
BUY LIMIT
Entry Point
147.050
Take Profit
149.450
Stop Loss
145.225
Key Levels
151.325, 149.450, 147.050, 145.225, 143.350, 142.250
Alternative scenario
Recommendation
SELL STOP
Entry Point
145.225
Take Profit
143.350
Stop Loss
147.050