Technical analysis NZDUSD for 25.07.2022
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 0.62375. The closest resistance is the level 0.62650

Key levels
- 0.62900, 0.62650, 0.62375, 0.62125, 0.61900
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.62375, with Take Profit of 0.62650 and Stop Loss of 0.62125
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.62125, with Take Profit of 0.61900 and Stop Loss of 0.62350