Technical analysis AUDNZD for 12.05.2023

12.05.2023 00:50
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 1.06275. The closest resistance is the level 1.06450

Key levels

  • 1.06850, 1.06625, 1.06450, 1.06275, 1.06075

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.06275, with Take Profit of 1.06075 and Stop Loss of 1.06450

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.06450, with Take Profit of 1.06625 and Stop Loss of 1.06275
Senario
Syor
SELL STOP

Titik Entri
1.06275

Take Profit
1.06075

Stop Loss
1.06450

Level utama
1.06850, 1.06625, 1.06450, 1.06275, 1.06075
Senario pilihan
Syor
BUY STOP

Titik Entri
1.06450

Take Profit
1.06625

Stop Loss
1.06275