Technical analysis EURUSD for 17.10.2024

17.10.2024 09:09
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 and resistance levels are Tenkan-se and Kijun-sen, respectively. The closest support and resistance levels are Tenkan-se and Kijun-sen, respectively

Key levels

1.08522, 1.08580, 1.08764, 1.08939, 1.09091

Trading scenario

Recommended opening short positions (Sell Limit) from the level of 1.08764, with Take Profit of 1.08522 and Stop Loss of 1.08939

Alternative scenario

Recommended opening short positions (Sell Stop) from the level of 1.08580, with Take Profit of 1.08500 and Stop Loss of 1.08764

Guión
Recomendación
SELL LIMIT

Punto de entrada
1.08764

Take Profit
1.08522

Detener la pérdida de
1.08939

Niveles clave
1.08522, 1.08580, 1.08764, 1.08939, 1.09091
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.08580

Take Profit
1.08500

Detener la pérdida de
1.08764