Technical analysis AUDCAD for 22.06.2022
22.06.2022 02:28
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument consolidates at the bottom of the cloud. The closest support is the level 0.8995. The closest resistance is the level 0.9015
Key levels
- 0.9145, 0.9085, 0.9046, 0.9015, 0.8985, 0.8985, 0.8945, 08885
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 0.8985, with Take Profit of 0.8945 and Stop Loss of 0.9015
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.9015, with Take Profit of 0.9085 and Stop Loss of 0.8985
Scenario
Recommendation
SELL STOP
Entry Point
0.8985
Take Profit
0.8945
Stop Loss
0.9015
Key Levels
0.9145, 0.9085, 0.9046, 0.9015, 0.8985, 0.8985, 0.8945, 08885
Alternative scenario
Recommendation
BUY STOP
Entry Point
0.9015
Take Profit
0.9085
Stop Loss
0.8985