Technical analysis AUDNZD for 05.07.2022

05.07.2022 02:14
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument adjusted to the upper border of the cloud. The closest support is the level 1.1040. The closest resistance is the level 1.1065

Key levels

  • 1.1165, 1.1120, 1.1085, 1.1065, 1.1040, 1.1010, 1.0960

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 1.1040 and Stop Loss of 1.1085

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.1085, with Take Profit of 1.1120 and Stop Loss of 1.1065
Guión
Recomendación
SELL

Punto de entrada

Take Profit
1.1040

Stop Loss
1.1085

Niveles clave
1.1165, 1.1120, 1.1085, 1.1065, 1.1040, 1.1010, 1.0960
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.1085

Take Profit
1.1120

Stop Loss
1.1065