Technical analysis AUDUSD for 13.07.2023
13.07.2023 17:23
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 resistance is the level 0.69500. The closest support is the level 0.68000
Key levels
- 0.70500, 0.70000, 0.69500, 0.68000, 0.67150, 0.66250
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.69500, with Take Profit of 0.70000 and Stop Loss of 0.68800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.68000, with Take Profit of 0.67150 and Stop Loss of 0.68800
Scenario
Recommendation
BUY STOP
Entry Point
0.69500
Take Profit
0.70000
Stop Loss
0.68800
Key Levels
0.70500, 0.70000, 0.69500, 0.68000, 0.67150, 0.66250
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.68000
Take Profit
0.67150
Stop Loss
0.68800