Technical analysis AUDUSD for 04.11.2022

04.11.2022 01:53
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Red is directed upwards, 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 resistance is the level 0.63290. The closest support is the level 0.62700

Key levels

  • 0.64580, 0.63890, 0.63290, 0.62700, 0.62130, 0.61570

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.63290, with Take Profit of 0.63890 and Stop Loss of 0.62950

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.62700, with Take Profit of 0.62130 and Stop Loss of 0.62950
Guión
Recomendación
BUY STOP

Punto de entrada
0.63290

Take Profit
0.63890

Stop Loss
0.62950

Niveles clave
0.64580, 0.63890, 0.63290, 0.62700, 0.62130, 0.61570
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.62700

Take Profit
0.62130

Stop Loss
0.62950