Technical analysis EURAUD for 25.03.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below 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 corrected to the Tenkan-se line. The closest resistance is the level . The closest support is the level
Key levels
- 1.49840, 1.48645, 1.47780, 1.46715, 1.45770, 1.44835, 1.43900
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 1.45770 and Stop Loss of 1.46900
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1.45770, with Take Profit of 1.46715 and Stop Loss of 1.44835
Scenario
Recommendation
SELL
Entry Point
Take Profit
1.45770
Stop Loss
1.46900
Key Levels
1.49840, 1.48645, 1.47780, 1.46715, 1.45770, 1.44835, 1.43900
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1.45770
Take Profit
1.46715
Stop Loss
1.44835
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.