Don't miss the great sell opportunity in AUDNZD
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Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0220). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 1.0124
TP2= @ 1.0075
TP3= @ 1.0020
SL: Break Above R2
. There is still a possibility of temporary retracement to suggested resistance line (1.0220). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
Take Profits:
TP1= @ 1.0124
TP2= @ 1.0075
TP3= @ 1.0020
SL: Break Above R2
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★36 Forex Pairs: 916.000 pips track record profit
★34 Cryptos
★Gold, Silver, Oils, Gas
★Best Profitable Trading Strategies
in 9 languages
since 2007
http://www.ForecastCity.com
★FREE Telegram http://t.me/forecastcity_com
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