ForecastCity
Long

Don't miss the great buy opportunity in AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 54.

Take Profits:
TP1= @ 0.6798
TP2= @ 0.6830
TP3= @ 0.6910

SL= Break below S2
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I support this idea for AUDUSD.
+1 Reply
@fxniki, thanks for your support.
Reply
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