Technical analysis NZDUSD for 05.05.2022

05.05.2022 02:16
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 0.65300. The closest resistance is the level 0.65900

Key levels

  • 0.66450, 0.65900, 0.65300, 0.64550, 0.63900, 0.63350

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.65900 and Stop Loss of 0.64785

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.64550, with Take Profit of 0.63900 and Stop Loss of 0.64900
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.65900

Stop Loss
0.64785

Niveles clave
0.66450, 0.65900, 0.65300, 0.64550, 0.63900, 0.63350
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.64550

Take Profit
0.63900

Stop Loss
0.64900