Technical analysis NZDUSD for 02.12.2021

02.12.2021 15:24
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. 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 0.6805. The closest resistance is the level 0.6860

Key levels

  • 0.7215, 07140, 07075, 0.6985, 0.6925, 0.6860, 0.6805, 0.6730, 0.6640

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.6860 and Stop Loss of 0.6785

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.6860, with Take Profit of 0.6925 and Stop Loss of 0.6805
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.6860

Stop Loss
0.6785

Niveles clave
0.7215, 07140, 07075, 0.6985, 0.6925, 0.6860, 0.6805, 0.6730, 0.6640
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.6860

Take Profit
0.6925

Stop Loss
0.6805