Technical analysis AUDNZD for 23.09.2022

Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.14050. The closest support is the level 1.13130

Key levels

  • 1.15220, 1.14610, 1.14050, 1.13130, 1.12480, 1.12080

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.14050, with Take Profit of 1.14610 and Stop Loss of 1.13600

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.13130, with Take Profit of 1.12480 and Stop Loss of 1.13600
Scenario
Recommendation
BUY STOP

Entry Point
1.14050

Take Profit
1.14610

Stop Loss
1.13600

Key Levels
1.15220, 1.14610, 1.14050, 1.13130, 1.12480, 1.12080
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.13130

Take Profit
1.12480

Stop Loss
1.13600
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.