Technical analysis NZDUSD for 21.03.2023
21.03.2023 01:27
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 ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.62730. The closest support is the level 0.62190
Key levels
- 0.64430, 0.63100, 0.62730, 0.62190, 0.61890, 0.61550
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.62730, with Take Profit of 0.63100 and Stop Loss of 0.62450
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.62190, with Take Profit of 0.61890 and Stop Loss of 0.62450
Scenario
Recommendation
BUY STOP
Entry Point
0.62730
Take Profit
0.63100
Stop Loss
0.62450
Key Levels
0.64430, 0.63100, 0.62730, 0.62190, 0.61890, 0.61550
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.62190
Take Profit
0.61890
Stop Loss
0.62450