Technical analysis EURJPY for 01.04.2024

01.04.2024 02:06
Intradía
Técnico

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 support is the level 163.100. The closest resistance is the level 163.500

Key levels

  • 164.000, 163.500, 163.100, 162.700, 162.100

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 163.100, with Take Profit of 162.700 and Stop Loss of 163.500

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 163.500, with Take Profit of 164.000 and Stop Loss of 163.100

Guión
Recomendación
SELL STOP

Punto de entrada
163.100

Take Profit
162.700

Detener la pérdida de
163.500

Niveles clave
164.000, 163.500, 163.100, 162.700, 162.100
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
163.500

Take Profit
164.000

Detener la pérdida de
163.100