Technical analysis AUDNZD for 04.05.2023

04.05.2023 00:58
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 crossed and fixed 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 1.06850. The closest resistance is the level 1.07150

Key levels

  • 1.07700, 1.07450, 1.07150, 1.06850, 1.06450, 1.05925

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06850, with Take Profit of 1.06450 and Stop Loss of 1.07150

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.07150, with Take Profit of 1.07450 and Stop Loss of 1.06850
Guión
Recomendación
SELL STOP

Punto de entrada
1.06850

Take Profit
1.06450

Stop Loss
1.07150

Niveles clave
1.07700, 1.07450, 1.07150, 1.06850, 1.06450, 1.05925
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.07150

Take Profit
1.07450

Stop Loss
1.06850