ForecastCity
Long

Don't miss the great buy opportunity in AUDCAD

FX:AUDCAD   Australian Dollar/Canadian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9020). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDCAD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.

Take Profits:
TP1= @ 0.9105
TP2= @ 0.9140
TP3= @ 0.9245

SL= Break below S2
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Comments

Thanks for the tip!
+2 Reply
ForecastCity Alexander_007
@Alexander_007, Please don't mention it.
Reply
This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
+1 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. We are so happy you found it useful.
Reply
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