Technical analysis NZDUSD for 02.05.2022

02.05.2022 18:17
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 resistance is the level 0.64550. The closest support is the level 0.63900

Key levels

  • 0.65900, 0.65300, 0.64550, 0.63900, 0.63350, 0.62730

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.64550, with Take Profit of 0.65300 and Stop Loss of 0.64200

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.63900, with Take Profit of 0.63350 and Stop Loss of 0.64200
Guión
Recomendación
BUY STOP

Punto de entrada
0.64550

Take Profit
0.65300

Stop Loss
0.64200

Niveles clave
0.65900, 0.65300, 0.64550, 0.63900, 0.63350, 0.62730
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.63900

Take Profit
0.63350

Stop Loss
0.64200