Technical analysis AUDUSD for 04.05.2022

04.05.2022 22:17
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.71750. The closest resistance is the level 0.72375

Key levels

  • 0.73450, 0.72875, 0.72375, 0.71750, 0.71175, 0.70550

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.72375, with Take Profit of 0.72875 and Stop Loss of 0.72030

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.71750, with Take Profit of 0.71175 and Stop Loss of 0.72150
Guión
Recomendación
BUY STOP

Punto de entrada
0.72375

Take Profit
0.72875

Stop Loss
0.72030

Niveles clave
0.73450, 0.72875, 0.72375, 0.71750, 0.71175, 0.70550
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.71750

Take Profit
0.71175

Stop Loss
0.72150