Technical analysis EURJPY for 19.03.2024
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 support is the level 162.000. The closest resistance is the level 162.650

Key levels
- 163.225. 162.650, 162.000, 161.550, 160.800
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 162.000, with Take Profit of 162.650 and Stop Loss of 161.550
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 161.550, with Take Profit of 160.800 and Stop Loss of 162.000