Technical analysis AUDUSD for 03.08.2022

03.08.2022 02:07
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are directed downward. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument entered the cloud. The closest support is the level 0.6860. The closest resistance is the level 0.6915

Key levels

  • 0.7070, 0.7025, 0.6990, 0.6960, 0.6915, 0.6860, 0.6850

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 0.6815 and Stop Loss of 0.6960

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.6960, with Take Profit of 0.7025 and Stop Loss of 0.06915
Guión
Recomendación
SELL

Punto de entrada

Take Profit
0.6815

Stop Loss
0.6960

Niveles clave
0.7070, 0.7025, 0.6990, 0.6960, 0.6915, 0.6860, 0.6850
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.6960

Take Profit
0.7025

Stop Loss
0.06915