Technical analysis AUDNZD for 30.08.2022

The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.12415. The closest support is the level 1.11650

Key levels

• 1.13280, 1.12810, 1.12415, 1.11650, 1.11190, 1.10665

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 1.12415, with Take Profit of 1.12810 and Stop Loss of 1.12000

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 1.11650, with Take Profit of 1.11190 and Stop Loss of 1.12000