Technical analysis AUDUSD for 16.08.2022

16.08.2022 02:03
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.6990. The closest resistance is the level 0.7040

Key levels

  • 0.7135, 0.7080, 0.7040, 0.6990, 0.6940, 0.6850

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.6990, with Take Profit of 0.6940 and Stop Loss of 0.7040

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.7040, with Take Profit of 0.7080 and Stop Loss of 0.7010
Guión
Recomendación
SELL STOP

Punto de entrada
0.6990

Take Profit
0.6940

Stop Loss
0.7040

Niveles clave
0.7135, 0.7080, 0.7040, 0.6990, 0.6940, 0.6850
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.7040

Take Profit
0.7080

Stop Loss
0.7010