Technical analysis AUDJPY for 16.02.2023
16.02.2023 00:30
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 92.250. The closest resistance is the level 92.650
Key levels
- 93.050, 92.650, 92.250, 91.850, 91.250
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 92.650, with Take Profit of 93.050 and Stop Loss of 92.250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 92.250, with Take Profit of 91.850 and Stop Loss of 92.650
Scenario
Recommendation
BUY STOP
Entry Point
92.650
Take Profit
93.050
Stop Loss
92.250
Key Levels
93.050, 92.650, 92.250, 91.850, 91.250
Alternative scenario
Recommendation
SELL STOP
Entry Point
92.250
Take Profit
91.850
Stop Loss
92.650