Technical analysis AUDNZD for 30.06.2022

Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument adjusted to the upper border of the cloud. The closest support is the level 1.1037. The closest resistance is the level 1.1066

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 Stop) from the level of 1.1066, 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
Scenario
Recommendation
BUY STOP

Entry Point
1.1066

Take Profit
1.1110

Stop Loss
1.1037

Key Levels
1.1150, 1.1110, 1.066, 1.1037, 1.1015, 1.0993, 1.0965, 1.0930
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.1037

Take Profit
1.0993

Stop Loss
1.1066
Nikolai Krishtopov
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo

Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.