Technical analysis EURGBP for 07.07.2022

07.07.2022 08:32
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 support is the level 0.85125. The closest resistance is the level 0.85400

Key levels

  • 0.85925, 0.85650, 0.85400, 0.85125, 0.84850

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.85400, with Take Profit of 0.85125 and Stop Loss of 0.85650

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.85650, with Take Profit of 0.85925 and Stop Loss of 0.85400
Senario
Syor
SELL LIMIT

Titik Entri
0.85400

Take Profit
0.85125

Stop Loss
0.85650

Level utama
0.85925, 0.85650, 0.85400, 0.85125, 0.84850
Senario pilihan
Syor
BUY STOP

Titik Entri
0.85650

Take Profit
0.85925

Stop Loss
0.85400