Technical analysis EURJPY for 14.06.2024
14.06.2024 01:42
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 168.300. The closest resistance is the level 168.800
Key levels
- 170.100, 169.400, 168.800, 168.300, 167.500
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 168.800, with Take Profit of 169.400 and Stop Loss of 168.300
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 168.300, with Take Profit of 167.500 and Stop Loss of 168.800
Scenario
Recommendation
BUY STOP
Entry Point
168.800
Take Profit
169.400
Stop Loss
168.300
Key Levels
170.100, 169.400, 168.800, 168.300, 167.500
Alternative scenario
Recommendation
SELL STOP
Entry Point
168.300
Take Profit
167.500
Stop Loss
168.800