Technical analysis EURUSD for 04.11.2022

04.11.2022 08:03
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 resistance is the level 0.98410. The closest support is the level 0.97550

Key levels

  • 0.99680, 0.98990, 0.98410, 0.97550, 0.97130, 0.96340

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.98410, with Take Profit of 0.98990 and Stop Loss of 0.97950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.97550, with Take Profit of 0.97130 and Stop Loss of 0.97950
Senario
Syor
BUY STOP

Titik Entri
0.98410

Take Profit
0.98990

Stop Loss
0.97950

Level utama
0.99680, 0.98990, 0.98410, 0.97550, 0.97130, 0.96340
Senario pilihan
Syor
SELL STOP

Titik Entri
0.97550

Take Profit
0.97130

Stop Loss
0.97950