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ForecastCity_World
Jul 6, 2021 8:43 PM

💡Don't miss the great buy opportunity in AUDCAD Long

FX:AUDCAD60
Australian Dollar/Canadian DollarFXCM

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.93150).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51

Take Profits:
TP1= @ 0.93470
TP2= @ 0.93765
TP3= @ 0.93937
TP4= @ 0.94095
TP5= @ 0.94306

SL= Break below S2

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ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsAUDCADaudCAD
Comments
Mihai_Iacob
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Excellent as always!
ForecastCity_World
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@OptimoomFX, Thank you for your feedback. We appreciate it
InkyGrip
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Great Analysis, totally agree!🦐
ForecastCity_World
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@plancton0618, Thank you for your feedback. We appreciate it
MMBTtrader
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valid trendline and thanks for sharing
ForecastCity_World
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@MMBTtrader, You're welcome & Thank you for your feedback. We appreciate it
TradingBonus
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Good job! And nice entry as well.
ForecastCity_World
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@Zanchy, Thank you for your feedback. We appreciate it
cool260890
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you are great man
ForecastCity_World
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@cool260890, Thank you
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