TradingView
ForecastCity
May 11, 2020 2:31 PM

Don't miss the great sell opportunity in AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6511). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. USDCHF 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 50.

Take Profits:
TP1= @ 0.6443
TP2= @ 0.6375
TP3= @ 0.6263

SL: Break Above R2
Comments
AbdikaniHassanAbdi
Thanks bro from somalia
ForecastCity
@AbdikaniHassanAbdi, You're welcome!🙏 we're glad you enjoyed it.
Kristalyn
Thank you for your insight.
ForecastCity
@Kristalyn, you're welcome
Kamryn
Nice Set-up
ForecastCity
@Kamryn, Thank you for your attention
Forecast_Crypto
Hey @ForecastCity you are one of the few I follow on here
ForecastCity
@Forecast_Crypto, Thanks kind of you
Pro_Trader_007
thanks for your ideas
ForecastCity
More