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ForecastCity
Apr 30, 2020 6:03 PM

Don't miss the great sell opportunity in AUDNZD Short

Australian Dollar/New Zealand DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.067). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 25.

Take Profits:
TP1= @ 1.0602
TP2= @ 1.0570
TP3= @ 1.0530

SL: Break Above R2
Comments
Forecast_Crypto
Thanks for sharing this great idea
ForecastCity
@Forecast_Crypto, You're welcome.
Forecast_Crypto
I will focus on this one too.
ForecastCity
@Forecast_Crypto, It's great. we hope you find it helpful.
Best_Forecast
Thank you for posting this. Liked!
ForecastCity
@Alexander_007, Please don't mention it.
Best_Forecast
good update and nice targets.
ForecastCity
@Alexander_007, Thanks for your comments.
fxniki
I really appreciate all your great ideas 😍😍
ForecastCity
@fxniki, 🙏 Thanks we hope you enjoy it.
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