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ForecastCity
Jun 11, 2020 12:56 PM

Don't miss the great sell opportunity in AUDUSDΒ Short

Australian Dollar/U.S. DollarFXCM

Description

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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.696). 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= @ 0.6860
TP2= @ 0.6760
TP3= @ 0.6660
TP4= @ 0.6562
TP5= @ 0.6400

SL: Break Above R2

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Comments
arthurfc1231
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Which TP level do you best recommend to take ?
ash_act1ve
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@arthurfc1231 I have same question
fxniki
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I got in when the price came to 0.696. Now i'm running profit.
ForecastCity
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@fxniki, Great. we're so happy for you πŸŒΈπŸ’ŽπŸ’ŽπŸ’ŽπŸŒΈ
Amirkhan786
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Brother, whatever you have liked, you will take a lot of time to reach the market.
ForecastCity
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@Amirkhan786, please read about the Trend Hunter strategy here:

forecastcity.com/en/trend-hunter
Best_Forecast
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Yessss. Running Profit 😍😍😍😍😍😍

Excellent prediction.

Thanks for sharing this great idea
ForecastCity
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@Alexander_007, Great. We appreciate your support. πŸ’™πŸ’™πŸ’™
ash_act1ve
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Nice! I’m in this one
ForecastCity
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@ash_act1ve, Thanks. We appreciate your comment. πŸ™πŸ™πŸ™
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