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 (0.7375). 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 35.

Take Profits:
TP1= @ 0.7330
TP2= @ 0.7265
TP3= @ 0.7220

SL: Break Above R2

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Comments

Nice and clean analysis 😊
+5 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Thank you for your comment. We appreciate it
+2 Reply
Seems quite accurate. Thanks for sharing. ❤️
+4 Reply
@Lizabet, You're very welcome! We hope you get the most out of it.
+2 Reply
Terimaaa kasihhh sekali lagi.. auMmmm..
+2 Reply
ForecastCity 38d1ea28a6804f828b08ff41026677
Reply
Thank you for sharing it 👍
+2 Reply
@Kamryn, You're very welcome! We hope you get the most out of it.
+1 Reply
I appreciate it. Excellent charting!
+2 Reply
Thanks, You always manage to create the most beautiful and detailed charts.
+2 Reply