Technical analysis AUDNZD for 15.12.2022

15.12.2022 00:36
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 is above the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.06225. The closest resistance is the level 1.06750

Key levels

  • 1.07950, 1.07325, 1.06750, 1.06225, 1.05575, 1.04600

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06225, with Take Profit of 1.05575 and Stop Loss of 1.06750

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.06750, with Take Profit of 1.07325 and Stop Loss of 1.06225
Scenario
Recommendation
SELL STOP

Entry Point
1.06225

Take Profit
1.05575

Stop Loss
1.06750

Key Levels
1.07950, 1.07325, 1.06750, 1.06225, 1.05575, 1.04600
Alternative scenario
Recommendation
BUY STOP

Entry Point
1.06750

Take Profit
1.07325

Stop Loss
1.06225