Technical analysis EURJPY for 05.12.2023

05.12.2023 00:57
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 159.100. The closest resistance is the level 159.600

Key levels

  • 160.150, 159.600, 159.100, 158.725, 158.400

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 159.100, with Take Profit of 158.725 and Stop Loss of 159.600

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 159.600, with Take Profit of 160.150 and Stop Loss of 159.100

Senario
Syor
SELL STOP

Titik Entri
159.100

Ambil untung
158.725

Stop Loss
159.600

Level utama
160.150, 159.600, 159.100, 158.725, 158.400
Senario pilihan
Syor
BUY STOP

Titik Entri
159.600

Ambil untung
160.150

Stop Loss
159.100