ForecastCity_ME

💡Don't miss the great sell opportunity in AUDCAD

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.957). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.

Take Profits:
TP1= @ 0.9545
TP2= @ 0.9522
TP3= @ 0.9480
TP4= @ 0.9445
TP5= @ 0.9410

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Comprehensive analysis.
+1 Reply
ForecastCity_ME sofi_Morphy
@sofi_Morphy, Thank you for your comment. We appreciate it.
Reply
Thanks a bunch. This is great.👍
+1 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, You're very welcome!
+1 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, We hope you enjoy it.
+1 Reply
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