Technical analysis AUDNZD for 17.06.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument consolidates at the bottom of the cloud. The closest support is the level 1.1066. The closest resistance is the level 1.1110
Key levels
- 1.1150, 1.1110, 1.066, 1.1037, 1.1015, 1.0993, 1.0965, 1.0930
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.1066, with Take Profit of 1.1015 and Stop Loss of 1.1087
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.1110, with Take Profit of 1.1150 and Stop Loss of 1.1087