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ForecastCity_EU
Aug 7, 2019 9:11 PM

Don't miss the great buy opportunity in AUDUSD Long

Australian Dollar/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.

Take Profits:
TP1= @ 0.6830
TP2= @ 0.6905
TP3= @ 0.7000

SL= Break below S2
Comments
mkandy
Can you able to post chart for GBPUSD?
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