ForecastCity
Short

Don't miss the great sell opportunity in AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6475). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.

Take Profits:
TP1= @ 0.6410
TP2= @ 0.6370
TP3= @ 0.6255

SL: Break Above R2
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Comments

Great analysis!
+2 Reply
ForecastCity Kristalyn
@Kristalyn, We're happy you liked it
+1 Reply
Beautiful Analysis 👌🏾
+1 Reply
ForecastCity abzwavy321
@abzwavy321, Thanks
Reply
Good analaysia trade still in pending .
Thankx to forecastcity members and staffs .its very helpfull for traders .

Thankx
Zaki from central london
+1 Reply
ForecastCity clickcapitalsolution
@clickcapitalsolution, You're welcome! 🙏
Reply
I truly feel like I am learning quite a lot from you! Thank you for this and your time, offering us all this.
+1 Reply
ForecastCity Alexander_007
@Alexander_007, Our pleasure.
Reply
Nice idea. 😍😍😍 😍😍😍
+1 Reply
ForecastCity Alexander_007
@Alexander_007, Thanks
Reply
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