Technical analysis AUDUSD for 18.10.2022
The Tenkan-sen line crosses from top to bottom the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart
The Tenkan-sen line crosses from top to bottom the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.6180. The closest resistance is the lower border of the cloud
Key levels
- 0.6830, 0.6665, 0.6480, 0.6400, 0.6300, 0.6180
Trading scenario
- Recommended opening short positions (Sell) at the current price, with Take Profit of 0.6180 and Stop Loss of 0.6380
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.6380, with Take Profit of 0.6480 and Stop Loss of 0.6300
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.