Technical analysis NZDUSD for 08.08.2023

08.08.2023 17:08
Harian
Teknikal

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. 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 resistance is the level 0.60900. The closest support is the level 0.60120

Key levels

  • 0.61640, 0.61290, 0.60900, 0.60120, 0.59810, 0.59350

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.60900, with Take Profit of 0.61290 and Stop Loss of 0.60500

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.60120, with Take Profit of 0.59810 and Stop Loss of 0.60500

Senario
Syor
BUY STOP

Titik Entri
0.60900

Take Profit
0.61290

Stop Loss
0.60500

Level utama
0.61640, 0.61290, 0.60900, 0.60120, 0.59810, 0.59350
Senario pilihan
Syor
SELL STOP

Titik Entri
0.60120

Take Profit
0.59810

Stop Loss
0.60500