Technical analysis EURUSD for 11.05.2023

11.05.2023 18:29
Внутридневный
Технический

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 resistance is the level 1.09820. The closest support is the level 1.08670

Key levels

  • 1.10810, 1.10330, 1.09820, 1.08670, 1.08040, 1.07340

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.09820, with Take Profit of 1.10330 and Stop Loss of 1.09200

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.08670, with Take Profit of 1.08040 and Stop Loss of 1.09200
Сценарии
Рекомендации
BUY STOP

Точка входа
1.09820

Take Profit
1.10330

Stop Loss
1.09200

Ключевые уровни
1.10810, 1.10330, 1.09820, 1.08670, 1.08040, 1.07340
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.08670

Take Profit
1.08040

Stop Loss
1.09200