Technical analysis for 10.09.2024
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 turned over from descending to ascending. Instrument is traded between Tenkan-se and Kijun-sen lines
Key levels
0.84020, 0.84200, 0.84490, 0.84630, 0.84700
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 0.84300, with Take Profit of 0.84480 and Stop Loss of 0.84200
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 0.84400, with Take Profit of 0.84200 and Stop Loss of 0.84490