Technical analysis AUDCAD for 16.08.2023

16.08.2023 01:08
Внутридневный
Технический

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 0.88000. The closest support is the level 0.86100

Key levels

  • 0.89990, 0.89020, 0.88000, 0.86100, 0.84980

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.88000, with Take Profit of 0.89020 and Stop Loss of 0.87130

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.86100, with Take Profit of 0.84980 and Stop Loss of 0.87130

Сценарии
Рекомендации
BUY STOP

Точка входа
0.88000

Take Profit
0.89020

Stop Loss
0.87130

Ключевые уровни
0.89990, 0.89020, 0.88000, 0.86100, 0.84980
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
0.86100

Take Profit
0.84980

Stop Loss
0.87130