Technical analysis AUDNZD for 18.05.2022

18.05.2022 02:36
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 1.10450. The closest resistance is the level 1.11000

Key levels

  • 1.11700, 1.11000, 1.10450, 1.10000, 1.09425, 1.08850

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.10450, with Take Profit of 1.11000 and Stop Loss of 1.10000

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.10000, with Take Profit of 1.09425 and Stop Loss of 1.10450
Guión
Recomendación
BUY LIMIT

Punto de entrada
1.10450

Take Profit
1.11000

Stop Loss
1.10000

Niveles clave
1.11700, 1.11000, 1.10450, 1.10000, 1.09425, 1.08850
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.10000

Take Profit
1.09425

Stop Loss
1.10450