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 suggested resistance line (0.7195). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.

Take Profits:
TP1= @ 0.7120
TP2= @ 0.7095
TP3= @ 0.7005

SL: Break Above R2

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Comments

detailed and comprehensive. thanks
+1 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, Happy to help! Thank you for sharing your feedback.
Reply
Thumbs up 👍 I appreciate your analysis. Well done! I agree with you.
+1 Reply
ForecastCity_ME DenizKilicDeniz
@DenizKilicDeniz, We appreciate your comment.
Reply
atulsharmas0786 ForecastCity_ME
@ForecastCity_ME, nice analysis but i doubt that the price goes up to 73000
Reply
hi am new to currencies .. guessing this setup the sl got triggered?
Reply
How to use icons in the title & description?
Reply
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