Technical analysis AUDUSD for 21.01.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.71750. The closest resistance is the level 0.72100
Key levels
- 0.73450, 0.73100, 0.72750, 0.72425, 0.72100, 0.71750, 0.71400, 0.70925
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 0.71750, with Take Profit of 0.71400 and Stop Loss of 0.72100
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.72100, with Take Profit of 0.72425 and Stop Loss of 0.71850