Technical analysis NZDUSD for 05.04.2022

05.04.2022 08:01
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.70120. The closest support is the level 0.69500

Key levels

  • 0.71240, 0.70680, 0.70120, 0.69500, 0.68830, 0.68300

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.70120 and Stop Loss of 0.69500

Alternative scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.70120, with Take Profit of 0.69500 and Stop Loss of 0.70385
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.70120

Stop Loss
0.69500

Niveles clave
0.71240, 0.70680, 0.70120, 0.69500, 0.68830, 0.68300
Escenario alternativo
Recomendación
SELL LIMIT

Punto de entrada
0.70120

Take Profit
0.69500

Stop Loss
0.70385