Technical analysis AUDUSD for 16.11.2022
16.11.2022 02:26
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 0.67025. The closest resistance is the level 0.67679
Key levels
- 0.69175, 0.68450, 0.67679, 0.67025, 0.65875
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.67679, with Take Profit of 0.68450 and Stop Loss of 0.67025
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.67025, with Take Profit of 0.65875 and Stop Loss of 0.67679
Scenario
Recommendation
BUY STOP
Entry Point
0.67679
Take Profit
0.68450
Stop Loss
0.67025
Key Levels
0.69175, 0.68450, 0.67679, 0.67025, 0.65875
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.67025
Take Profit
0.65875
Stop Loss
0.67679