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ForecastCity_EU
Apr 20, 2020 9:27 PM

Don't miss the great sell opportunity in AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6370). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDUSD 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 40.

Take Profits:
TP1= @ 0.6310
TP2= @ 0.6265
TP3= @ 0.6205

SL: Break Above R2
Comments
sara-kian-fx
nice chart and Analysis
Kristalyn
Nice Set-up
Kamryn
Nice idea ..
Logaprekasam
So far good. Thank you
Best_Forecast
Thanks a lot!
Best_Forecast
This is a legitimate analysis. Great work!
Forecast_Crypto
Thank you for your time and sharing of knowledge.
Forecast_Crypto
Running Profit
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