Technical analysis EURJPY for 29.05.2024

29.05.2024 01:52
Intradía
Técnico

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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 170.350. The closest resistance is the level 170.950

Key levels

  • 171.600, 170.950, 170.350, 169.550, 168.550

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 170.950, with Take Profit of 171.600 and Stop Loss of 170.350

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 170.350, with Take Profit of 169.550 and Stop Loss of 170.950

Guión
Recomendación
BUY STOP

Punto de entrada
170.950

Take Profit
171.600

Detener la pérdida de
170.350

Niveles clave
171.600, 170.950, 170.350, 169.550, 168.550
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
170.350

Take Profit
169.550

Detener la pérdida de
170.950