Technical analysis NZDUSD for 08.04.2022

08.04.2022 02:04
Intradía
Técnico

The Tenkan-sen line is located below 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 resistance is the level 0.69500. The closest support is the level 0.68790

Key levels

  • 0.70680, 0.70120, 0.69500, 0.68790, 0.68300, 0.67680

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.68790, with Take Profit of 0.68300 and Stop Loss of 0.69070

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.69500, with Take Profit of 0.70120 and Stop Loss of 0.69070
Guión
Recomendación
SELL STOP

Punto de entrada
0.68790

Take Profit
0.68300

Stop Loss
0.69070

Niveles clave
0.70680, 0.70120, 0.69500, 0.68790, 0.68300, 0.67680
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.69500

Take Profit
0.70120

Stop Loss
0.69070