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ForecastCity
Jun 25, 2021 9:01 AM

πŸ’‘Don't miss the great sell opportunity in GBPAUDΒ Short

British Pound/Australian DollarFXCM

Description

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Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8372).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 26.

Take Profits:
TP1= @ 1.8300
TP2= @ 1.8265
TP3= @ 1.8215
TP4= @ 1.8165
TP5= @ 1.8110

SL: Break Above R2

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Comments
ASW31
β‹…
πŸ‘ŒπŸ‘Œ
Sophi2018
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πŸ‘πŸ‘πŸ‘
Mesutkashmar
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Great quality! Thank you!
ForecastCity
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@Mesutkashmar, You're welcome!
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