Technical analysis AUDJPY for 29.06.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed 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 93.650. The closest resistance is the level 94.075
Key levels
- 95.100, 94.500, 94.075, 93.650, 96.150
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 94.075, with Take Profit of 94.500 and Stop Loss of 93.650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 93.650, with Take Profit of 93.150 and Stop Loss of 94.075