Technical analysis AUDUSD for 23.09.2024

23.09.2024 21:14
Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. 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

Key levels

 0.6599, 0.6640, 0.6754, 0.6871, 0.7097

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 0.6754, with Take Profit of 0.7097 and Stop Loss of 0.6640

Alternative scenario

Recommended opening short positions (Sell Limit) from the level of 0.6871, with Take Profit of 0.6599 and Stop Loss of 0.7097

Scenario
Recommendation
BUY LIMIT

Entry Point
0.6754

Take Profit
0.7097

Stop Loss
0.6640

Key Levels
0.6599, 0.6640, 0.6754, 0.6871, 0.7097
Alternative scenario
Recommendation
SELL LIMIT

Entry Point
0.6871

Take Profit
0.6599

Stop Loss
0.7097