Technical analysis AUDCHF for 15.06.2023
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.61125. The closest resistance is the level 0.61400
Key levels
- 0.61600, 0.61400, 0.61125, 0.60950, 0.60750
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.61125, with Take Profit of 0.61400 and Stop Loss of 0.60950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.60950, with Take Profit of 0.60750 and Stop Loss of 0.61125
Scenario
Recommendation
BUY LIMIT
Entry Point
0.61125
Take Profit
0.61400
Stop Loss
0.60950
Key Levels
0.61600, 0.61400, 0.61125, 0.60950, 0.60750
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.60950
Take Profit
0.60750
Stop Loss
0.61125
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.