ForecastCity_ME

💡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 the suggested resistance line (0.7598).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 44.

Take Profits:
TP1= @ 0.7564
TP2= @ 0.7537
TP3= @ 0.7510
TP4= @ 0.7493
TP5= @ 0.7472

SL: Break Above R2

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Comments

Many thanks for sharing this chart.
+2 Reply
@Sophi2018, You're welcome! Thank you as well for your comment.
Reply
Good work! 👍 Nice idea.
+1 Reply
ForecastCity_ME Mesutkashmar
@Mesutkashmar, Thank you for your comment. We appreciate it.
Reply
As said its a big sell 👍👍👍👍but when we expect a buy
Reply
Will it touch 1.7616 range again in this week?
Reply
Could u please make a chart on eur usd . Making continous loses not able to figure out wherther to hold and wait for recovery or to close the order to prevent biggerlosses
Reply