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 (0.6370). 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 40 .

Take Profits:
TP1= @ 0.6310
TP2= @ 0.6265
TP3= @ 0.6205

SL: Break Above R2
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Comments

keep up the great work!
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Sure, Thanks for your comment.
+2 Reply
Great analysis
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, we hope you enjoy it.
+2 Reply
Great analysis!
+3 Reply
ForecastCity Kristalyn
@Kristalyn, Thank you so much
+2 Reply
nice chart
+3 Reply
@Kamryn, Thank slot
+2 Reply
Loved this idea, thank you for sharing with us !!
+3 Reply
ForecastCity Danisivir
@Danisivir, You're welcome. we're happy you liked it.
+2 Reply
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