Technical analysis NZDUSD for 16.05.2022

16.05.2022 02:14
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.6273. The closest resistance is the level 0.6225

Key levels

  • 0.6455, 0.6390, 0.6335, 0.6273, 0.6225, 0.6160, 0.6080

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.6273 and Stop Loss of 0.6225

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.6225, with Take Profit of 0.6160 and Stop Loss of 0.6273
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.6273

Stop Loss
0.6225

Niveles clave
0.6455, 0.6390, 0.6335, 0.6273, 0.6225, 0.6160, 0.6080
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.6225

Take Profit
0.6160

Stop Loss
0.6273