Technical analysis AUDUSD for 24.08.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward 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 0.6920. The closest resistance is the level 0.6960

Key levels
- 0.7130, 0.7065, 0.7025, 0.6995, 0.6960, 0.6920, 0.6860
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 0.6920, with Take Profit of 0.6860 and Stop Loss of 0.6960
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.6960, with Take Profit of 0.7025 and Stop Loss of 0.6920