Technical analysis AUDUSD for 15.09.2022

Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.67680. The closest support is the level 0.67250

Key levels

  • 0.68650, 0.68200, 0.67680, 0.67250, 0.66760, 0.66180

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.67680, with Take Profit of 0.68200 and Stop Loss of 0.67450

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.67250, with Take Profit of 0.66760 and Stop Loss of 0.67450
Scenario
Recommendation
BUY STOP

Entry Point
0.67680

Take Profit
0.68200

Stop Loss
0.67450

Key Levels
0.68650, 0.68200, 0.67680, 0.67250, 0.66760, 0.66180
Alternative scenario
Recommendation
SELL STOP

Entry Point
0.67250

Take Profit
0.66760

Stop Loss
0.67450
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.