Technical analysis EURJPY for 27.02.2024

27.02.2024 00:46
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 above the Tenkan-se and Kijun-sen lines. The closest support is the level 163.150. The closest resistance is the level 163.950

Key levels

  • 164.875, 163.950, 163.150, 162.050, 161.275

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 163.950, with Take Profit of 164.875 and Stop Loss of 163.150

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 163.150, with Take Profit of 162.050 and Stop Loss of 163.950

Guión
Recomendación
BUY STOP

Punto de entrada
163.950

Take Profit
164.875

Stop Loss
163.150

Niveles clave
164.875, 163.950, 163.150, 162.050, 161.275
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
163.150

Take Profit
162.050

Stop Loss
163.950