Technical analysis AUDUSD for 15.09.2022

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom 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 0.67680. The closest support is the level 0.67250

Key levels

• 0.68650, 0.68200, 0.67680, 0.67250, 0.66760, 0.66180

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 0.67680, with Take Profit of 0.68200 and Stop Loss of 0.67450

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 0.67250, with Take Profit of 0.66760 and Stop Loss of 0.67450