Technical analysis AUDJPY for 10.03.2023

10.03.2023 00:26
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 89.650. The closest resistance is the level 89.800

Key levels

  • 90.200, 90.000, 89.800, 89.650, 89.400, 89.150

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 89.650, with Take Profit of 89.400 and Stop Loss of 89.800

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 89.800, with Take Profit of 90.000 and Stop Loss of 89.650
Guión
Recomendación
SELL STOP

Punto de entrada
89.650

Take Profit
89.400

Stop Loss
89.800

Niveles clave
90.200, 90.000, 89.800, 89.650, 89.400, 89.150
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
89.800

Take Profit
90.000

Stop Loss
89.650