Technical analysis AUDJPY for 12.12.2022
12.12.2022 01:28
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 92.800. The closest resistance is the level 93.125
Key levels
- 93.600, 93.125, 92.800, 92.500, 92.100
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 92.800, with Take Profit of 93.125 and Stop Loss of 92.500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 92.500, with Take Profit of 92.100 and Stop Loss of 92.800
Scenario
Recommendation
BUY LIMIT
Entry Point
92.800
Take Profit
93.125
Stop Loss
92.500
Key Levels
93.600, 93.125, 92.800, 92.500, 92.100
Alternative scenario
Recommendation
SELL STOP
Entry Point
92.500
Take Profit
92.100
Stop Loss
92.800