ForecastCity

Don't miss the great hunting opportunity of AUDUSD in long-term!

Short
ForecastCity Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trading suggestion:
Price is in the resistance zone (0.8065 to 0.8160), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (0.8065)
.Ending of entry zone (0.8160)

Take Profits:
TP1= @0.7965
TP2= @0.7870
TP3= @0.7805
TP4= @0.7710
TP5= @0.7540
TP6= @0.7330
TP7= @0.7145
TP8= @0.6940
TP9= @0.6850
TP10= @Free

Technical analysis:
.A vale is formed in daily chart at 0.7500 on Fri 1.22% , 12/08/2017, so more gains maximum to resistance zone (0.8065 to 0.8160) is expected.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 74.
.Current short-term is range bound, but resumption of downtrend is expected.
Comment:
TP1= HIT!! --> Move all SLs to the entry point.
Technical analysis:
.A peak is formed in daily chart at 0.8135 on Fri, 01/26/2018, so more losses to support(s) 0.7895, 0.7805, 0.7740 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 48.
.Current short-term is range bound, but resumption of downtrend is expected.

Close Profits:
TP1= @ 0.7895

Take Profits:
TP2= @ 0.7805
TP3= @ 0.7740
TP4
458811111111=015

TP2= @ @ 0.7625

TP2= @ 0.7500
TP2= @ 0.7330
TP2= @ 0.7160
TP2= @ 0.6850
Comment:
TP1= HIT!! --> Move all SLs to the entry point.
Technical analysis:
.A peak is formed in daily chart at 0.8135 on Fri, 01/26/2018, so more losses to support(s) 0.7895, 0.7805, 0.7740 and to more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 49.
.Current short-term is range bound, but resumption of downtrend is expected.

Close Profits:
TP1= @ 0.7895

Take Profits:
TP2= @ 0.7805
TP3= @ 0.7740
TP5= @ 0.7500
TP6= @ 0.7330
TP7= @ 0.7160
TP8= @ 0.6850
TP9= @ Free

Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (0.8065 to 0.8160), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (0.8065)
.Ending of entry zone (0.8160)
Trade active:
TP2 HIT!!
Technical analysis:
.A peak is formed in daily chart at 0.8135 on Fri, 01/26/2018, so more losses to support(s) 0.7740, 0.7625, 0.7500 and more depths is expected.
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 40.

Close Profits:
TP1= @ 0.7895
TP2= @ 0.7805

Take Profits:
TP3= @ 0.7740
TP5= @ 0.7500
TP6= @ 0.7330
TP7= @ 0.7160
TP8= @ 0.6850
TP9= @ Free
Trade active:
TP3 HIT!!
Closed Profits:
TP1= @ 0.7895
TP2= @ 0.7805
TP3= @ 0.7740

Take Profits:
TP5= @ 0.7500
TP6= @ 0.7330
TP7= @ 0.7160
TP8= @ 0.6850
TP9= @ Free
Trade active:
TP4 HIT!!
Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 35.

Closed Profits:
TP1= @ 0.7895
TP2= @ 0.7805
TP3= @ 0.7740
TP4= @ 0.7625

Take Profits:
TP5= @ 0.7500
TP6= @ 0.7330
TP7= @ 0.7160
TP8= @ 0.6850
TP9= @ Free

High Accurate AI-Generated forecasts for:
🌟36 Forex Pairs
🌟175 Cryptos
🌟16 Stock & Currency Indices
🌟Gold,Silver,Oil,Gas

✅ Best Profitable Trading Strategies
✅ in 9 languages
✅ since 2007

FREE Telegram 👉 t.me/forecastcity_com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.