Technical analysis AUDCHF for 28.06.2023
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.59600. The closest resistance is the level 0.59850

Key levels
- 0.60350, 0.60100, 0.59850, 0.59600, 0.59350
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 0.59600, with Take Profit of 0.59350 and Stop Loss of 0.59850
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.59850, with Take Profit of 0.60100 and Stop Loss of 0.59600