Technical analysis AUDNZD for 09.05.2023

09.05.2023 00:24
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.06675. The closest resistance is the level 1.06900

Key levels

  • 1.07475, 1.07175, 1.06900, 1.06675, 1.06225

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06675, with Take Profit of 1.06225 and Stop Loss of 1.06900

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.07175, with Take Profit of 1.07475 and Stop Loss of 1.07065
Guión
Recomendación
SELL STOP

Punto de entrada
1.06675

Take Profit
1.06225

Stop Loss
1.06900

Niveles clave
1.07475, 1.07175, 1.06900, 1.06675, 1.06225
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.07175

Take Profit
1.07475

Stop Loss
1.07065