Technical analysis AUDUSD for 04.09.2024
04.09.2024 04:18
Intraday
Technical
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 between the Tenkan-se and Kijun-sen lines. The closest support is the level 0.66350. The closest resistance is the level 0.67060
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 traded between Tenkan-se and Kijun-sen lines
Key levels
- 0.65460, 0.65840, 0.66350, 0.67060, 0.67862, 0.68590
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.66350, with Take Profit of 0.68590 and Stop Loss of 0.66460
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 0.67862, with Take Profit of 0.65840 and Stop Loss of 0.68590
Scenario
Recommendation
BUY LIMIT
Entry Point
0.66350
Take Profit
0.68590
Stop Loss
0.66460
Key Levels
0.65460, 0.65840, 0.66350, 0.67060, 0.67862, 0.68590
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
0.67862
Take Profit
0.65840
Stop Loss
0.68590