Technical analysis AUDUSD for 30.12.2021
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.7250. The closest resistance is the level 0.7280
Key levels
- 0.7430, 0.7370, 0.7280, 0.7250, 0.7215, 0.7185, 0.7140, 0.7095, 0.7040, 0.6990
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.7280, with Take Profit of 0.7370 and Stop Loss of 0.7250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.7215, with Take Profit of 0.7140 and Stop Loss of 0.7250
Scenario
Recommendation
BUY STOP
Entry Point
0.7280
Take Profit
0.7370
Stop Loss
0.7250
Key Levels
0.7430, 0.7370, 0.7280, 0.7250, 0.7215, 0.7185, 0.7140, 0.7095, 0.7040, 0.6990
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.7215
Take Profit
0.7140
Stop Loss
0.7250
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.