Technical analysis AUDNZD for 01.05.2023

01.05.2023 01:57
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 support is the level 1.06950. The closest resistance is the level 1.07175

Key levels

  • 1.07700, 1.07400, 1.07175, 1.06950, 1.06675, 1.06375

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06950, with Take Profit of 1.06675 and Stop Loss of 1.07175

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.07400, with Take Profit of 1.07700 and Stop Loss of 1.07200
Senario
Syor
SELL STOP

Titik Entri
1.06950

Take Profit
1.06675

Stop Loss
1.07175

Level utama
1.07700, 1.07400, 1.07175, 1.06950, 1.06675, 1.06375
Senario pilihan
Syor
BUY STOP

Titik Entri
1.07400

Take Profit
1.07700

Stop Loss
1.07200