Technical analysis AUDCHF for 15.06.2023

15.06.2023 01:22
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 support is the level 0.61125. The closest resistance is the level 0.61400

Key levels

  • 0.61600, 0.61400, 0.61125, 0.60950, 0.60750

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 0.61125, with Take Profit of 0.61400 and Stop Loss of 0.60950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.60950, with Take Profit of 0.60750 and Stop Loss of 0.61125

Scenario
Recommendation
BUY LIMIT

Entry Point
0.61125

Take Profit
0.61400

Stop Loss
0.60950

Key Levels
0.61600, 0.61400, 0.61125, 0.60950, 0.60750
Alternative scenario
Recommendation
SELL STOP

Entry Point
0.60950

Take Profit
0.60750

Stop Loss
0.61125