Technical analysis AUDUSD for 01.08.2022

01.08.2022 18:23
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.7025. The closest resistance is the level 0.7070

Key levels

  • 0.7140, 0.7070, 0.7025, 0.6990, 0.6960, 0.6915, 0.6860

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.7070, with Take Profit of 0.7140 and Stop Loss of 0.7025

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.7025, with Take Profit of 0.6960 and Stop Loss of 0.7070
Guión
Recomendación
BUY STOP

Punto de entrada
0.7070

Take Profit
0.7140

Stop Loss
0.7025

Niveles clave
0.7140, 0.7070, 0.7025, 0.6990, 0.6960, 0.6915, 0.6860
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.7025

Take Profit
0.6960

Stop Loss
0.7070