Technical analysis AUDNZD for 31.05.2022

31.05.2022 02:19
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 1.09575. The closest resistance is the level 1.09725

Key levels

  • 1.10075, 1.09900, 1.09725, 1.09575, 1.09425, 1.09250

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.09575, with Take Profit of 1.09425 and Stop Loss of 1.09725

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.09725, with Take Profit of 1.09900 and Stop Loss of 1.09575
Guión
Recomendación
SELL STOP

Punto de entrada
1.09575

Take Profit
1.09425

Stop Loss
1.09725

Niveles clave
1.10075, 1.09900, 1.09725, 1.09575, 1.09425, 1.09250
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.09725

Take Profit
1.09900

Stop Loss
1.09575