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ForecastCity_ME
22 ื™ื•ื ื™ 2021 21:14

๐Ÿ’กDon't miss the great sell opportunity in AUDUSDย ืฉื•ืจื˜

Australian Dollar/U.S. DollarFXCM

ืชื™ืื•ืจ

โ‹…

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7562).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 37.



Take Profits:
TP1= @ 0.7402
TP2= @ 0.7245
TP3= @ 0.7004
TP4= @ 0.6853
TP5= @ 0.6673

SL: Break Above R2

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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ
ืชื’ื•ื‘ื•ืช
arunfiddler
โ‹…
Actually on a weekly TF it gives confirmation for sell as you mentioned. Will see on action. Keep rock'n man!!
ForecastCity_ME
โ‹…
@arunfiddler, Thank you for your feedback. We appreciate it.
shubhamjha9522
โ‹…
It already touched the support line and already one month low , so it will bounce back and go high upto 0.79 or 0.80 and try to touch all time high.
shubhamjha9522
โ‹…
not possible
ืขื•ื“