💡 Two buy opportunity in AUDCHF, Mid-Term & Short-Term

5 de nov. de 2020

Mid-Term Forecast

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6428).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCHF is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.

Take Profits:
TP1= @ 0.6595
TP2= @ 0.6715
TP3= @ 0.6815
TP4= @ 0.6881
TP5= @ 0.7020

SL= Break below S2

-------------------------------------------------------------------------------------------------------

Short-Term Forecast

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.6493).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. AUDCHF is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.

Take Profits:
TP1= @ 0.6585
TP2= @ 0.6623
TP3= @ 0.6677
TP4= @ 0.6740
TP5= @ 0.6818

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

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

Trade well, ❤️
ForecastCity English Support Team ❤️