Technical analysis CHFJPY for 03.08.2023

03.08.2023 01:09
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 165.140. The closest support is the level 161.450

Key levels

  • 167.320, 165.140, 161.450, 158.990, 156.440

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 165.140, with Take Profit of 167.320 and Stop Loss of 163.270

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 161.450, with Take Profit of 158.990 and Stop Loss of 163.270

Senario
Syor
BUY STOP

Titik Entri
165.140

Take Profit
167.320

Stop Loss
163.270

Level utama
167.320, 165.140, 161.450, 158.990, 156.440
Senario pilihan
Syor
SELL STOP

Titik Entri
161.450

Take Profit
158.990

Stop Loss
163.270