Technical analysis AUDUSD for 20.01.2022
20.01.2022 16:50
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.72400. The closest resistance is the level 0.72650
Key levels
- 0.73100, 0.72850, 0.72650, 0.72400, 0.72175, 0.71900, 0.71625, 0.71325
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.72650, with Take Profit of 0.72850 and Stop Loss of 0.72460
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.72400, with Take Profit of 0.72175 and Stop Loss of 0.72605
Scenario
Recommendation
BUY STOP
Entry Point
0.72650
Take Profit
0.72850
Stop Loss
0.72460
Key Levels
0.73100, 0.72850, 0.72650, 0.72400, 0.72175, 0.71900, 0.71625, 0.71325
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.72400
Take Profit
0.72175
Stop Loss
0.72605