Technical analysis AUDCHF for 05.05.2022

05.05.2022 02:30
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.70500. The closest resistance is the level 0.71025

Key levels

  • 0.71500, 0.71025, 0.70500, 0.69950, 0.69450, 0.69000, 0.68460

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.71025 and Stop Loss of 0.70500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.70500, with Take Profit of 0.69950 and Stop Loss of 0.70170
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.71025

Stop Loss
0.70500

Niveles clave
0.71500, 0.71025, 0.70500, 0.69950, 0.69450, 0.69000, 0.68460
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.70500

Take Profit
0.69950

Stop Loss
0.70170