Technical analysis NZDUSD for 09.09.2022
09.09.2022 02:12
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below 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 0.6055. The closest resistance is the level 0.6120
Key levels
- 0.6245, 0.6190, 0.6120, 0.6055, 0.5995, 0.5925
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.6120 and Stop Loss of 0.5995
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.5995, with Take Profit of 0.5925 and Stop Loss of 0.6055
Scenario
Recommendation
BUY
Entry Point
Take Profit
0.6120
Stop Loss
0.5995
Key Levels
0.6245, 0.6190, 0.6120, 0.6055, 0.5995, 0.5925
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.5995
Take Profit
0.5925
Stop Loss
0.6055