Technical analysis AUDUSD for 31.12.2021

31.12.2021 14:21
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively

Key levels

  • 0.73700, 0.72810, 0.72215, 0.71784, 0.71285, 0.70800, 0.70300, 0.69900, 0.69200

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 0.72215, with Take Profit of 0.72810 and Stop Loss of 0.71784

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.71784, with Take Profit of 0.71285 and Stop Loss of 0.72215
Scenario
Recommendation
BUY LIMIT

Entry Point
0.72215

Take Profit
0.72810

Stop Loss
0.71784

Key Levels
0.73700, 0.72810, 0.72215, 0.71784, 0.71285, 0.70800, 0.70300, 0.69900, 0.69200
Alternative scenario
Recommendation
SELL STOP

Entry Point
0.71784

Take Profit
0.71285

Stop Loss
0.72215