Technical analysis AUDUSD for 04.07.2023
The Tenkan-sen line is located above the Kijun-sen line. Red is directed up, while blue is directed down. 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 0.67170. The closest support is the level 0.66280

Key levels
- 0.68260, 0.67700, 0.67170, 0.66280, 0.65580, 0.65150
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.67170, with Take Profit of 0.67700 and Stop Loss of 0.66700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.66280, with Take Profit of 0.65580 and Stop Loss of 0.66700