Technical analysis AUDNZD for 21.09.2022

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 1.13375. The closest resistance is the level 1.13850

Key levels

  • 1.14375, 1.13850, 1.13375, 1.13025, 1.12475

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.13375, with Take Profit of 1.13850 and Stop Loss of 1.13025

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.13025, with Take Profit of 1.12475 and Stop Loss of 1.13375
Scenario
Recommendation
BUY LIMIT

Entry Point
1.13375

Take Profit
1.13850

Stop Loss
1.13025

Key Levels
1.14375, 1.13850, 1.13375, 1.13025, 1.12475
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.13025

Take Profit
1.12475

Stop Loss
1.13375
Nikolai Krishtopov
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.