Technical analysis NZDUSD for 12.09.2023

12.09.2023 00:57
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.59000. The closest resistance is the level 0.59300

Key levels

  • 0.59750, 0.59500, 0.59300, 0.59000, 0.58700

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.59300, with Take Profit of 0.59000 and Stop Loss of 0.59500

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.59500, with Take Profit of 0.59750 and Stop Loss of 0.59300

Guión
Recomendación
SELL LIMIT

Punto de entrada
0.59300

Take Profit
0.59000

Stop Loss
0.59500

Niveles clave
0.59750, 0.59500, 0.59300, 0.59000, 0.58700
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.59500

Take Profit
0.59750

Stop Loss
0.59300