Technical analysis AUDCHF for 23.06.2022

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 resistance is the level 0.66910. The closest support is the level 0.66360

Key levels

• 0.67490, 0.67170, 0.66910, 0.66360, 0.66020, 0.65720

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 0.66910, with Take Profit of 0.67170 and Stop Loss of 0.66600

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 0.66360, with Take Profit of 0.66020 and Stop Loss of 0.66600