Technical analysis AUDJPY for 07.03.2023

07.03.2023 00:34
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 91.150. The closest resistance is the level 91.475

Key levels

  • 92.050, 91.750, 91.475, 91.150. 90.675

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 91.475, with Take Profit of 91.150 and Stop Loss of 91.750

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 91.750, with Take Profit of 92.050 and Stop Loss of 91.475
Guión
Recomendación
SELL STOP

Punto de entrada
91.475

Take Profit
91.150

Stop Loss
91.750

Niveles clave
92.050, 91.750, 91.475, 91.150. 90.675
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
91.750

Take Profit
92.050

Stop Loss
91.475