Technical analysis AUDNZD for 04.04.2022
The Tenkan-sen line is located below 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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.0825. The closest resistance is the level 1.0885
Key levels
- 1.0935, 1.0885, 1.0825, 1.0785, 1.0755, 1.0725, 1.0675
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.0885 and Stop Loss of 1.0785
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 1.0885, with Take Profit of 1.0825 and Stop Loss of 1.0935