Technical analysis GBPAUD for 20.07.2022

20.07.2022 02:34
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.73700. The closest resistance is the level 1.74375

Key levels

  • 1.75880, 1.75160, 1.74375, 1.73700, 1.72850

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.73700, with Take Profit of 1.72850 and Stop Loss of 1.74375

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.74375, with Take Profit of 1.75160 and Stop Loss of 1.73700
Guión
Recomendación
SELL STOP

Punto de entrada
1.73700

Take Profit
1.72850

Stop Loss
1.74375

Niveles clave
1.75880, 1.75160, 1.74375, 1.73700, 1.72850
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.74375

Take Profit
1.75160

Stop Loss
1.73700