Technical analysis EURUSD for 15.05.2023
15.05.2023 01:23
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.09260. The closest support is the level 1.07950
Key levels
- 1.10320, 1.09800, 1.09260, 1.07950, 1.07270, 1.06680
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.09260, with Take Profit of 1.09800 and Stop Loss of 1.08700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.07950, with Take Profit of 1.07270 and Stop Loss of 1.08700
Scenario
Recommendation
BUY STOP
Entry Point
1.09260
Take Profit
1.09800
Stop Loss
1.08700
Key Levels
1.10320, 1.09800, 1.09260, 1.07950, 1.07270, 1.06680
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.07950
Take Profit
1.07270
Stop Loss
1.08700