Technical analysis AUDCAD for 10.07.2023

10.07.2023 01:31
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. 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 0.89490. The closest support is the level 0.88200

Key levels

  • 0.91000, 0.90230, 0.89490, 0.88200, 0.87450

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.89490, with Take Profit of 0.90230 and Stop Loss of 0.88860

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.88200, with Take Profit of 0.87450 and Stop Loss of 0.88860

Senario
Syor
BUY STOP

Titik Entri
0.89490

Take Profit
0.90230

Stop Loss
0.88860

Level utama
0.91000, 0.90230, 0.89490, 0.88200, 0.87450
Senario pilihan
Syor
SELL STOP

Titik Entri
0.88200

Take Profit
0.87450

Stop Loss
0.88860