Technical analysis AUDNZD for 06.06.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 1.1066. The closest resistance is the level 1.1110
Key levels
- 1.1150, 1.1110, 1.066, 1.1037, 1.1015, 1.0993, 1.0965, 1.0930
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 1.1110 and Stop Loss of 1.1037
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.1037, with Take Profit of 1.0993 and Stop Loss of 1.1066