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ForecastCity_ME
Mar 3, 2022 6:25 PM

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 (0.9235).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.

Take Profits:
TP1= @ 0.9282
TP2= @ 0.9303
TP3= @ 0.9321
TP4= @ 0.9346
TP5= @ 0.9376

SL= Break below S2

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Comments
carefulOwl22772
β‹…
Great quality! Thank you!
ForecastCity_ME
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@carefulOwl22772, You're welcome! Thank you as well for your comment.
Sophi2018
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Brilliant idea. Let's do it!
ForecastCity_ME
β‹…
@Sophi2018, Thank you for your comment. We appreciate it. 🌹
ForecastCity_ME
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@Sophi2018, Best of luck to you in your trades.πŸ“ˆ
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