Technical analysis AUDJPY for 11.07.2022
11.07.2022 02:02
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 crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 93.650. The closest support is the level 92.650
Key levels
- 94.520, 94.050, 93.650, 92.650, 92.200, 91.800
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 93.650, with Take Profit of 94.050 and Stop Loss of 93.150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 92.650, with Take Profit of 92.200 and Stop Loss of 93.150
Scenario
Recommendation
BUY STOP
Entry Point
93.650
Take Profit
94.050
Stop Loss
93.150
Key Levels
94.520, 94.050, 93.650, 92.650, 92.200, 91.800
Alternative scenario
Recommendation
SELL STOP
Entry Point
92.650
Take Profit
92.200
Stop Loss
93.150