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

Australian Dollar/Swiss FrancFXCM

Description

⋅ Dec 28, 2021 3:27 PM

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6626).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCHF 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 50.

Take Profits:
TP1= @ 0.6671
TP2= @ 0.6695
TP3= @ 0.6715
TP4= @ 0.6731
TP5= @ 0.6758

SL= Break below S2

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Comments

davidgolandak

⋅ Dec 28, 2021 4:35 PM

Thanks, bro! Good work!

ForecastCity_World

⋅ Dec 28, 2021 5:36 PM

@davidgolandak, You're welcome! Thank you as well for your comment.

DenizKilicDeniz

⋅ Dec 28, 2021 4:29 PM

Great & clear analysis. Thank you for sharing .

ForecastCity_World

⋅ Dec 28, 2021 5:36 PM

@DenizKilicDeniz, You're welcome! Thank you as well for your comment.

VasilyTrader

⋅ Dec 28, 2021 4:23 PM

Thank you for posting this idea

ForecastCity_World

⋅ Dec 28, 2021 5:36 PM

@VasilyTrader, You're welcome! Thank you as well for your comment.

MMBTtrader

⋅ Dec 28, 2021 5:52 PM

local support here if hold we can expect more rise

ForecastCity_World

⋅ Dec 29, 2021 10:46 AM

@MMBTtrader,Thanks for your feedback