Technical analysis AUDJPY for 02.05.2022
02.05.2022 03:17
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crossed and fixed 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 91.625. The closest resistance is the level 92.000
Key levels
- 92.800, 93.350, 92.000, 91.625, 91.175, 90.450
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 92.000, with Take Profit of 91.625 and Stop Loss of 92.350
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 92.350, with Take Profit of 92.800 and Stop Loss of 92.000
Scenario
Recommendation
SELL LIMIT
Entry Point
92.000
Take Profit
91.625
Stop Loss
92.350
Key Levels
92.800, 93.350, 92.000, 91.625, 91.175, 90.450
Alternative scenario
Recommendation
BUY STOP
Entry Point
92.350
Take Profit
92.800
Stop Loss
92.000