Technical analysis AUDUSD for 22.03.2022
22.03.2022 16:33
Intraday
Technical
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 trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.7440. The closest resistance is the level 0.7475
Key levels
- 0.7610, 0.7565, 0.7530, 0.7475, 0.7440, 0.7375, 0.7335, 0.7300
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.7530 and Stop Loss of 0.7375
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.7375, with Take Profit of 0.7300 and Stop Loss of 0.7440
Scenario
Recommendation
BUY
Entry Point
Take Profit
0.7530
Stop Loss
0.7375
Key Levels
0.7610, 0.7565, 0.7530, 0.7475, 0.7440, 0.7375, 0.7335, 0.7300
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.7375
Take Profit
0.7300
Stop Loss
0.7440