Technical analysis NZDUSD for 17.08.2022

17.08.2022 02:06
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.63720. The closest support is the level 0.63050

Key levels

  • 0.64490, 0.64040, 0.63720, 0.63050, 0.62720, 0.62430

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.63720, with Take Profit of 0.64040 and Stop Loss of 0.63400

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.63050, with Take Profit of 0.62720 and Stop Loss of 0.63400
Guión
Recomendación
BUY STOP

Punto de entrada
0.63720

Take Profit
0.64040

Stop Loss
0.63400

Niveles clave
0.64490, 0.64040, 0.63720, 0.63050, 0.62720, 0.62430
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.63050

Take Profit
0.62720

Stop Loss
0.63400