Technical analysis AUDUSD for 07.02.2023

07.02.2023 01:08
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 resistance is the level 0.69310. The closest support is the level 0.68360

Key levels

  • 0.70260, 0.69820, 0.69310, 0.68360, 0.67870, 0.67420

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.69310, with Take Profit of 0.69820 and Stop Loss of 0.68800

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.68360, with Take Profit of 0.67870 and Stop Loss of 0.68800
Guión
Recomendación
BUY STOP

Punto de entrada
0.69310

Take Profit
0.69820

Stop Loss
0.68800

Niveles clave
0.70260, 0.69820, 0.69310, 0.68360, 0.67870, 0.67420
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.68360

Take Profit
0.67870

Stop Loss
0.68800