Technical analysis NZDUSD for 24.01.2022

24.01.2022 09:56
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom 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 0.6700. The closest resistance is the level 0.6760

Key levels

  • 0.6890, 0.6820, 0.6760, 0.6700, 0.6630, 0.6580, 0.6510

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.6760, with Take Profit of 0.6820 and Stop Loss of 0.6700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.6700, with Take Profit of 0.6580 and Stop Loss of 0.6760
Guión
Recomendación
BUY STOP

Punto de entrada
0.6760

Take Profit
0.6820

Stop Loss
0.6700

Niveles clave
0.6890, 0.6820, 0.6760, 0.6700, 0.6630, 0.6580, 0.6510
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.6700

Take Profit
0.6580

Stop Loss
0.6760