Technical analysis NZDUSD for 23.11.2021
23.11.2021 12:39
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 support is the level 0.6915. The closest resistance is the level 0.6975
Key levels
- 0.6865, 0.6915, 0.6975, 0.7015, 0.7040, 0.7080
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.6915, with Take Profit of 0.6975 and Stop Loss of 0.6975
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 0.6975, with Take Profit of 0.6915 and Stop Loss of 0.6915
Scenario
Recommendation
BUY LIMIT
Entry Point
0.6915
Take Profit
0.6975
Stop Loss
0.6865
Key Levels
0.6865, 0.6915, 0.6975, 0.7015, 0.7040, 0.7080
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
0.6975
Take Profit
0.6915
Stop Loss
0.7015