Technical analysis AUDCAD for 09.08.2023
09.08.2023 17:03
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88580. The closest support is the level 0.87160
Key levels
- 0.90510, 0.89560, 0.88580, 0.87160, 0.85990
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.88580, with Take Profit of 0.89560 and Stop Loss of 0.87870
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.87160, with Take Profit of 0.85990 and Stop Loss of 0.87870
Guión
Recomendación
BUY STOP
Punto de entrada
0.88580
Take Profit
0.89560
Stop Loss
0.87870
Niveles clave
0.90510, 0.89560, 0.88580, 0.87160, 0.85990
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
0.87160
Take Profit
0.85990
Stop Loss
0.87870