Technical analysis USDJPY for 12.09.2024
12.09.2024 09:40
Intraday
Technical
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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines
Key levels
137.880,140.600, 145.500, 147.800, 151.800
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 140.690, with Take Profit of 147.900 and Stop Loss of 139.880
Scenario
Recommendation
BUY LIMIT
Entry Point
140.690
Take Profit
147.900
Stop Loss
139.880
Key Levels
137.880,140.600, 145.500, 147.800, 151.800