Technical analysis EURJPY for 08.02.2023

08.02.2023 00:37
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below 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 140.025. The closest resistance is the level 140.675

Key levels

  • 142.150, 141.225, 140.675, 140.025, 139.300

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 140.675, with Take Profit of 140.025 and Stop Loss of 141.225

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 141.225, with Take Profit of 142.150 and Stop Loss of 140.675
Guión
Recomendación
SELL LIMIT

Punto de entrada
140.675

Take Profit
140.025

Stop Loss
141.225

Niveles clave
142.150, 141.225, 140.675, 140.025, 139.300
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
141.225

Take Profit
142.150

Stop Loss
140.675