Technical analysis AUDUSD for 02.05.2022

02.05.2022 18:06
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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 0.70750. The closest support is the level 0.70100

Key levels

  • 0.71820, 0.71260, 0.70750, 0.70100, 0.69590, 0.69090

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.70750, with Take Profit of 0.71260 and Stop Loss of 0.70400

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.70100, with Take Profit of 0.69590 and Stop Loss of 0.70400
Senario
Syor
BUY STOP

Titik Entri
0.70750

Take Profit
0.71260

Stop Loss
0.70400

Level utama
0.71820, 0.71260, 0.70750, 0.70100, 0.69590, 0.69090
Senario pilihan
Syor
SELL STOP

Titik Entri
0.70100

Take Profit
0.69590

Stop Loss
0.70400