Devisen

CNH/JPY may rise 12 - 18 pips

2024-10-22

Our pivot point stands at 21.06.

Our preference

As long as 21.06 is support look for 21.32.

Alternative scenario

The downside breakout of 21.06 would call for 20.96 and 20.90.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (21.14) but above its 50 period moving average (21.11).

Supports and resistances

21.43 **

21.38 *

21.32 **

21.26

21.14 last

21.10

21.06 **

20.96 *

20.90 **

Number of asterisks represents the strength of support and resistance levels.

Dies ist keine Anlageberatung. Vergangene Leistungen sind keine Garantie für zukünftige Ergebnisse. Ihr Kapital ist in Gefahr, bitte handeln Sie mit Vorsicht und Verantwortung.


Autor:

Paul Reid
Tradingtop

Einführung in die Tradingtop-Website


Zurück zu allen Artikeln