Technical analysis EURAUD for 25.03.2022

25.03.2022 11:07
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. 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