Technical analysis EURNZD for 13.04.2022
The Tenkan-sen line is located below 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 trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.58890. The closest support is the level 1.58260
Key levels
- 1.59960, 1.59330, 1.58890, 1.58260, 1.57660, 1.57070
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.58890, with Take Profit of 1.59330 and Stop Loss of 1.58600
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.58260, with Take Profit of 1.57660 and Stop Loss of 1.58600