Technical analysis AUDUSD for 04.10.2022
04.10.2022 01:29
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.64900. The closest resistance is the level 0.65800
Key levels
- 0.66700, 0.65800, 0.64900, 0.64300, 0.63500
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.64900, with Take Profit of 0.65800 and Stop Loss of 0.64300
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.64300, with Take Profit of 0.63500 and Stop Loss of 0.64900
Scenario
Recommendation
BUY LIMIT
Entry Point
0.64900
Take Profit
0.65800
Stop Loss
0.64300
Key Levels
0.66700, 0.65800, 0.64900, 0.64300, 0.63500
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.64300
Take Profit
0.63500
Stop Loss
0.64900