ForecastCity_World

💡Don't miss the great buy opportunity in AUDCAD

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9355).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.

Take Profits:
TP1= @ 0.9410
TP2= @ 0.9450
TP3= @ 0.9500
TP4= @ 0.9555
TP5= @ 0.9615

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Looks good to me. thx
+2 Reply
ForecastCity_World davidgolandak
@davidgolandak, You're welcome!
Reply
more is expected
+1 Reply
@MMBTtrader, Thank you for your feedback
Reply
Good analysis. I agree with you.
+1 Reply
@Megan_forex, Thanks for your comment
Reply