ForecastCity

πŸ’‘ Don't miss the great sell opportunity in AUDCAD

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9575). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 0.9515
TP2= @ 0.9480
TP3= @ 0.9434
TP4= @ 0.9372
TP5= @ 0.9300

SL: Break Above R2

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ForecastCity English Support Team ❀️
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Comments

Correct strategy. Very nice chart.
+3 Reply
ForecastCity yusufipek1989
@yusufipek1989, Thanks for your comment
+3 Reply
Superb! πŸ”₯ tnx for sharing it πŸ‘Œ
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome!
+3 Reply
Thank you for sharing it πŸ‘
+3 Reply
@Kamryn, You're welcome.
+3 Reply
I appreciate it. Excellent charting!
+3 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks for your kind comment. πŸ‘
+3 Reply
I enjoyed this opportunity to sell in AUDCAD very much. thanks, guys.
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We're glad you enjoy it.
Reply
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