Technical analysis AUDJPY for 09.06.2022
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 support is the level 96.30. The closest resistance is the level 96.80
Key levels
- 97.80, 97.25, 96.80, 96.30, 95.70, 94.95
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 96.80, with Take Profit of 97.80 and Stop Loss of 96.30
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 96.30, with Take Profit of 95.70 and Stop Loss of 96.80