Technical analysis AUDCAD for 09.08.2023

09.08.2023 17:03
Harian
Teknikal

The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains 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 0.88580. The closest support is the level 0.87160

Key levels

  • 0.90510, 0.89560, 0.88580, 0.87160, 0.85990

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88580, with Take Profit of 0.89560 and Stop Loss of 0.87870

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.87160, with Take Profit of 0.85990 and Stop Loss of 0.87870

Senario
Syor
BUY STOP

Titik Entri
0.88580

Take Profit
0.89560

Stop Loss
0.87870

Level utama
0.90510, 0.89560, 0.88580, 0.87160, 0.85990
Senario pilihan
Syor
SELL STOP

Titik Entri
0.87160

Take Profit
0.85990

Stop Loss
0.87870