Technical analysis USDJPY for 10.02.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 115.65. The closest resistance is the level 116.35
Key levels
- 118.10, 117.00, 116.35, 115.65, 115.25, 114.90, 114.55, 114.15, 113.45
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 116.35, with Take Profit of 117.00 and Stop Loss of 116.05
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 115.65, with Take Profit of 114.90 and Stop Loss of 115.95