ForecastCity

💡Don't miss the great buy opportunity in AUDCAD

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9313).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 0.9387
TP2= @ 0.9430
TP3= @ 0.9462
TP4= @ 0.9505
TP5= @ 0.9542

SL= Break below S2

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Comments

Looks good to me. Thanks for sharing
Reply
ForecastCity yusufipek1989
@yusufipek1989, We hope you make the most out of it.
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thanks for sharing.
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ForecastCity Sophi2018
@Sophi2018, Thank you. We appreciate your support
Reply
Good analysis as always! Thanks.
Reply
ForecastCity Mesutkashmar
@Mesutkashmar, Thank you for your comment. We appreciate it
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