Technical analysis NZDUSD for 20.09.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.59275. The closest resistance is the level 0.59500

Key levels
- 0.59700, 0.59500, 0.59275, 0.59075, 0.58850
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.59275, with Take Profit of 0.59500 and Stop Loss of 0.59075
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.59075, with Take Profit of 0.58850 and Stop Loss of 0.59275