Technical analysis AUDNZD for 15.12.2022

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.06225. The closest resistance is the level 1.06750

Key levels

• 1.07950, 1.07325, 1.06750, 1.06225, 1.05575, 1.04600

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 1.06225, with Take Profit of 1.05575 and Stop Loss of 1.06750

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 1.06750, with Take Profit of 1.07325 and Stop Loss of 1.06225