Technical analysis AUDUSD for 15.07.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.67175. The closest resistance is the level 0.67700
Key levels
- 0.68600, 0.68125, 0.67700, 0.67175, 0.66550
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 0.67700, with Take Profit of 0.67175 and Stop Loss of 0.68125
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.68125, with Take Profit of 0.68600 and Stop Loss of 0.67700
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.