Technical analysis AUDUSD for 30.12.2021
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 0.7250. The closest resistance is the level 0.7280
Key levels
- 0.7430, 0.7370, 0.7280, 0.7250, 0.7215, 0.7185, 0.7140, 0.7095, 0.7040, 0.6990
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.7280, with Take Profit of 0.7370 and Stop Loss of 0.7250
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.7215, with Take Profit of 0.7140 and Stop Loss of 0.7250