Technical analysis AUDNZD for 26.10.2022
26.10.2022 02:06
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 crossed and fixed above the price chart. In this case, the cloud is descending. Instrument consolidates at the bottom of the cloud. The closest support is the level 1.1050. The closest resistance is the level 1.1120
Key levels
- 1.1255, 1.1191, 1.1155, 1.1120, 1.1050, 1.1025, 1.0985
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 1.1120, with Take Profit of 1.1050 and Stop Loss of 1.1155
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 1.1050, with Take Profit of 1.1120 and Stop Loss of 1.1025
Scenario
Recommendation
SELL LIMIT
Entry Point
1.1120
Take Profit
1.1050
Stop Loss
1.1155
Key Levels
1.1255, 1.1191, 1.1155, 1.1120, 1.1050, 1.1025, 1.0985
Alternative scenario
Recommendation
BUY LIMIT
Entry Point
1.1050
Take Profit
1.1120
Stop Loss
1.1025