Technical analysis EURAUD for 25.05.2022
25.05.2022 02:01
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument corrected to the Tenkan-se line. The closest resistance is the level 1.51200. The closest support is the level 1.50200
Key levels
- 1.52630, 1.51960, 1.51200, 1.50200, 1.49350, 1.48450
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.51200, with Take Profit of 1.51960 and Stop Loss of 1.50550
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.50200, with Take Profit of 1.49350 and Stop Loss of 1.50550
Scenario
Recommendation
BUY STOP
Entry Point
1.51200
Take Profit
1.51960
Stop Loss
1.50550
Key Levels
1.52630, 1.51960, 1.51200, 1.50200, 1.49350, 1.48450
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.50200
Take Profit
1.49350
Stop Loss
1.50550