Technical analysis AUDUSD for 11.04.2023
11.04.2023 02:13
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. 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 0.66690. The closest support is the level 0.66280
Key levels
- 0.67210, 0.67000, 0.66690, 0.66280, 0.66050, 0.65700
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.66690, with Take Profit of 0.67000 and Stop Loss of 0.66500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.66280, with Take Profit of 0.66050 and Stop Loss of 0.66500
Scenario
Recommendation
BUY STOP
Entry Point
0.66690
Take Profit
0.67000
Stop Loss
0.66500
Key Levels
0.67210, 0.67000, 0.66690, 0.66280, 0.66050, 0.65700
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.66280
Take Profit
0.66050
Stop Loss
0.66500