Technical analysis AUDUSD for 01.07.2022
01.07.2022 02:29
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.69130. The closest support is the level 0.68780
Key levels
- 0.69780, 0.69470, 0.69130, 0.68780, 0.68380, 0.68000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.69130, with Take Profit of 0.69470 and Stop Loss of 0.68950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.68780, with Take Profit of 0.68380 and Stop Loss of 0.68950
Scenario
Recommendation
BUY STOP
Entry Point
0.69130
Take Profit
0.69470
Stop Loss
0.68950
Key Levels
0.69780, 0.69470, 0.69130, 0.68780, 0.68380, 0.68000
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.68780
Take Profit
0.68380
Stop Loss
0.68950