Technical analysis AUDUSD for 20.07.2023
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 ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.68110. The closest support is the level 0.67190

Key levels
- 0.70500, 0.69910, 0.68110, 0.67190, 0.66700, 0.66270
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.68110, with Take Profit of 0.69910 and Stop Loss of 0.67550
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.67190, with Take Profit of 0.66700 and Stop Loss of 0.67550