Technical analysis AUDUSD for 23.12.2022

The Tenkan-sen line is located above 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 0.66800. The closest support is the level 0.66470

Key levels

• 0.68000, 0.67330, 0.66800, 0.66470, 0.66110, 0.65400

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 0.66800, with Take Profit of 0.67330 and Stop Loss of 0.66660

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 0.66470, with Take Profit of 0.66110 and Stop Loss of 0.66660