Technical analysis GBPAUD for 13.07.2022
13.07.2022 09:09
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.7520. The closest resistance is the level 1.7615
Key levels
- 1.7800, 1.7730, 1.7660, 1.7615, 1.7570, 1.7520, 1.7455
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.7660 and Stop Loss of 1.7570
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.7570, with Take Profit of 1.7520 and Stop Loss of 1.7615
Scenario
Recommendation
BUY
Entry Point
Take Profit
1.7660
Stop Loss
1.7570
Key Levels
1.7800, 1.7730, 1.7660, 1.7615, 1.7570, 1.7520, 1.7455
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.7570
Take Profit
1.7520
Stop Loss
1.7615