Technical analysis AUDCAD for 11.07.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.88870. The closest support is the level 0.88430
Key levels
- 0.89750, 0.89320, 0.88870, 0.88430, 0.87850, 0.87470
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.88870, with Take Profit of 0.89320 and Stop Loss of 0.88650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.88430, with Take Profit of 0.87850 and Stop Loss of 0.88650
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.