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ForecastCity_ME
Oct 21, 2021 10:36 AM

πŸ’‘Don't miss the great buy opportunity in AUDCADΒ Long

Australian Dollar/Canadian DollarFXCM

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9199).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55

Take Profits:
TP1= @ 0.9278
TP2= @ 0.9312
TP3= @ 0.9339
TP4= @ 0.9378
TP5= @ 0.9411

SL= Break below S2

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Comments
davidgolandak
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Thank you for this nice idea.
ForecastCity_ME
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@davidgolandak, You're very welcome!
yusufipek1989
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Nice one, Thanks for sharing
ForecastCity_ME
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@yusufipek1989, You're welcome! Thank you as well for your comment.
DenizKilicDeniz
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Excellent analysis. Keep it up πŸ‘Œ
ForecastCity_ME
β‹…
@DenizKilicDeniz, Thank you! We appreciate your comment.
UnknownUnicorn493766
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GOOD Job
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