Technical analysis AUDUSD for 19.08.2022

19.08.2022 02:21
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 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 0.6910. The closest resistance is the level 0.6960

Key levels

  • 0.7135, 0.7025, 0.6960, 0.6910, 0.6855, 0.6790, 0.6705

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.6910, with Take Profit of 0.6855 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 0.6910
Guión
Recomendación
SELL STOP

Punto de entrada
0.6910

Take Profit
0.6855

Stop Loss
0.6960

Niveles clave
0.7135, 0.7025, 0.6960, 0.6910, 0.6855, 0.6790, 0.6705
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.6960

Take Profit
0.7025

Stop Loss
0.6910