Technical analysis AUDCAD for 04.08.2023
04.08.2023 16:16
Harian
Teknikal
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below 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 0.88570. The closest support is the level 0.87160
Key levels
- 0.91010, 0.89800, 0.88570, 0.87160, 0.85970
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.88570, with Take Profit of 0.89800 and Stop Loss of 0.87800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.87160, with Take Profit of 0.85970 and Stop Loss of 0.87800
Senario
Syor
BUY STOP
Titik Entri
0.88570
Take Profit
0.89800
Stop Loss
0.87800
Level utama
0.91010, 0.89800, 0.88570, 0.87160, 0.85970
Senario pilihan
Syor
SELL STOP
Titik Entri
0.87160
Take Profit
0.85970
Stop Loss
0.87800