Technical analysis AUDUSD for 06.01.2023
06.01.2023 01:18
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.68140. The closest support is the level 0.67210
Key levels
- 0.69250, 0.68750, 0.68140, 0.67210, 0.66760, 0.66240
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.68140, with Take Profit of 0.68750 and Stop Loss of 0.67700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.67210, with Take Profit of 0.66760 and Stop Loss of 0.67700
Scenario
Recommendation
BUY STOP
Entry Point
0.68140
Take Profit
0.68750
Stop Loss
0.67700
Key Levels
0.69250, 0.68750, 0.68140, 0.67210, 0.66760, 0.66240
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.67210
Take Profit
0.66760
Stop Loss
0.67700