Technical analysis AUDCAD for 20.07.2022

20.07.2022 02:20
Harian
Teknikal

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 support is the level 0.88525. The closest resistance is the level 0.88870

Key levels

  • 0.89800, 0.89350, 0.88870, 0.88525, 0.87975

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88870, with Take Profit of 0.89350 and Stop Loss of 0.88525

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88525, with Take Profit of 0.87975 and Stop Loss of 0.88870
Senario
Syor
BUY STOP

Titik Entri
0.88870

Take Profit
0.89350

Stop Loss
0.88525

Level utama
0.89800, 0.89350, 0.88870, 0.88525, 0.87975
Senario pilihan
Syor
SELL STOP

Titik Entri
0.88525

Take Profit
0.87975

Stop Loss
0.88870