Technical analysis AUDNZD for 18.10.2022

18.10.2022 02:10
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest resistance is the level 1.1155

Key levels

  • 1.1255, 1.1191, 1.1155, 1.1120, 1.1050

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.1120, with Take Profit of 1.1050 and Stop Loss of 1.1155

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.1191, with Take Profit of 1.1255 and Stop Loss of 1.1155
Guión
Recomendación
SELL STOP

Punto de entrada
1.1120

Take Profit
1.1050

Stop Loss
1.1155

Niveles clave
1.1255, 1.1191, 1.1155, 1.1120, 1.1050
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.1191

Take Profit
1.1255

Stop Loss
1.1155