Technical analysis AUDCAD for 03.07.2023

03.07.2023 17:11
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 descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.89120. The closest support is the level 0.87940

Key levels

  • 0.90590, 0.89860, 0.89120, 0.87940, 0.87220

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.89120, with Take Profit of 0.89860 and Stop Loss of 0.88600

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.87940, with Take Profit of 0.87220 and Stop Loss of 0.88600

Senario
Syor
BUY STOP

Titik Entri
0.89120

Take Profit
0.89860

Stop Loss
0.88600

Level utama
0.90590, 0.89860, 0.89120, 0.87940, 0.87220
Senario pilihan
Syor
SELL STOP

Titik Entri
0.87940

Take Profit
0.87220

Stop Loss
0.88600