Technical analysis CHFJPY for 07.11.2023

07.11.2023 00:56
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 167.550. The closest support is the level 165.950

Key levels

  • 168.850, 168.200, 167.550, 165.950, 165.100, 164.270

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 167.550, with Take Profit of 168.200 and Stop Loss of 166.750

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 165.950, with Take Profit of 165.100 and Stop Loss of 166.750

Senario
Syor
BUY STOP

Titik Entri
167.550

Take Profit
168.200

Stop Loss
166.750

Level utama
168.850, 168.200, 167.550, 165.950, 165.100, 164.270
Senario pilihan
Syor
SELL STOP

Titik Entri
165.950

Take Profit
165.100

Stop Loss
166.750