Technical analysis AUDCAD for 22.08.2023
22.08.2023 17:21
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed downward, while red remains horizontal. Confirmatory line Chikou Span is below 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 0.87700. The closest support is the level 0.86150
Key levels
- 0.90320, 0.89010, 0.87700, 0.86150, 0.84850
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.87700, with Take Profit of 0.89010 and Stop Loss of 0.86950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.86150, with Take Profit of 0.84850 and Stop Loss of 0.86950
Guión
Recomendación
BUY STOP
Punto de entrada
0.87700
Take Profit
0.89010
Stop Loss
0.86950
Niveles clave
0.90320, 0.89010, 0.87700, 0.86150, 0.84850
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
0.86150
Take Profit
0.84850
Stop Loss
0.86950