Technical analysis AUDCAD for 11.07.2022

11.07.2022 01:56
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88870. The closest support is the level 0.88430

Key levels

  • 0.89750, 0.89320, 0.88870, 0.88430, 0.87850, 0.87470

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88870, with Take Profit of 0.89320 and Stop Loss of 0.88650

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88430, with Take Profit of 0.87850 and Stop Loss of 0.88650
Guión
Recomendación
BUY STOP

Punto de entrada
0.88870

Take Profit
0.89320

Stop Loss
0.88650

Niveles clave
0.89750, 0.89320, 0.88870, 0.88430, 0.87850, 0.87470
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.88430

Take Profit
0.87850

Stop Loss
0.88650