ForecastCity

💡 Don't miss the great sell opportunity in AUDUSD

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.756). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDUSD 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 40 .

Take Profits:
TP1= @ 0.7500
TP2= @ 0.7485
TP3= @ 0.7450

SL: Break Above R2

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Comments

THX FOR YOUR TIME AND ANALYSIS
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome. 👍
Reply
Thank you, very useful analysis, Cheers 👍
+1 Reply
@Kamryn, Cheers 👍
Reply
Very nice. Thanks.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, You're welcome.
Reply
Very nice idea!!
+1 Reply
@fxpays, We appreciate your nice comment.
Reply
well done 💯
+1 Reply
ForecastCity Adeoye_anny
@Adeoye_anny, Thank you! Hope it's inspiring.
Reply