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ForecastCity_EU
Apr 15, 2020 1:43 PM

A good 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 (0.6373). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDUSD is in aptrend 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 43.

Take Profits:
TP1= @ 0.62490
TP2= @ 0.62030
TP3= @ 0.5977

SL: Break Above R2
Comments
Best_Forecast
And the chart of course ;-)
Best_Forecast
Thanks for the tip!
sara-kian-fx
emeğine sağlık
Pro_Trader_007
Thanks!
Forecast_Crypto
Thank You for sharing!
Forecast_Crypto
This is such a complete analysis,
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