Technical analysis USDJPY for 20.02.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 134.830. The closest support is the level 133.880

Key levels
- 136.640, 135.710, 134.830, 133.880, 133.110, 132.190
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 134.830, with Take Profit of 135.710 and Stop Loss of 134.350
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 133.880, with Take Profit of 133.110 and Stop Loss of 134.350