AUDUSD Intraday Forecast

FX:AUDUSD   Australian Dollar / U.S. Dollar
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.625.
TP4: R2=0.6315.
Set the stoploss of these orders at breakout of S2=0.6155.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6155.
In this situation, there is an expectation to reach the target S3=0.606.
Set the stoploss of reverse orders at breakout of S1=0.619.

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I truly feel like I am learning quite a lot from you
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, It's our pleasure.
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ForecastCity Best_Forecast
@Best_Forecast, Good for you.
+1 Reply
that's exactly what I'm anticipating
+2 Reply
ForecastCity Best_Forecast
@Best_Forecast, Great. Thanks for your comments.
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Great analysis man,
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ForecastCity Best_Forecast
@Best_Forecast, Thanks. enjoy it.
+1 Reply
Thank you , Thank you , Thank you.
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ForecastCity Forecast_Crypto
@Forecast_Crypto, You're welcome. :)
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