Technical analysis AUDJPY for 07.09.2022
07.09.2022 03:04
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 96.600. The closest support is the level 95.880
Key levels
- 97.640, 97.150, 96.600, 95.880, 95.320, 94.720
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 96.600, with Take Profit of 97.150 and Stop Loss of 96.250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 95.880, with Take Profit of 95.320 and Stop Loss of 96.250
Scenario
Recommendation
BUY STOP
Entry Point
96.600
Take Profit
97.150
Stop Loss
96.250
Key Levels
97.640, 97.150, 96.600, 95.880, 95.320, 94.720
Alternative scenario
Recommendation
SELL STOP
Entry Point
95.880
Take Profit
95.320
Stop Loss
96.250