Technical analysis AUDCHF for 15.06.2023

The Tenkan-sen line is located above the Kijun-sen line. Both lines are 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 support is the level 0.61125. The closest resistance is the level 0.61400

Key levels

• 0.61600, 0.61400, 0.61125, 0.60950, 0.60750

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 0.61125, with Take Profit of 0.61400 and Stop Loss of 0.60950

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 0.60950, with Take Profit of 0.60750 and Stop Loss of 0.61125