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Intraday forecast technical chart
SymbolAUDUSD
Release TimeWed, 12/06/2017 - 19:37
Advisesell (limit) below R1=0.7595
Intraday
Short term
Yesterday range59
Yesterday high0.7654
Yesterday low0.7595
Yesterday close0.7607
R30.768
R20.761
R10.7595
S10.755
S20.7535
S30.75
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.7595.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.755.
TP4: S2=0.7535.
Set the stoploss of these orders at breakout of R2=0.761.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.761.
In this situation, there is an expectation to reach the target R3=0.768.
Set the stoploss of reverse orders at breakout of R1=0.7595.

Latest forecasts
Release Time Symbol Intraday Short R S
Tuesday, December 12, 2017 - 19:53 AUDUSD Subscribers Only Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Subscribers Only
Monday, December 11, 2017 - 19:41 AUDUSD 0.765
0.7575
0.7556
0.75
0.748
0.746
Monday, December 11, 2017 - 09:29 AUDUSD 0.7655
0.7575
0.755
0.75
0.748
0.746
Thursday, December 7, 2017 - 19:55 AUDUSD 0.7625
0.755
0.753
0.748
0.745
0.74
Wednesday, December 6, 2017 - 19:37 AUDUSD 0.768
0.761
0.7595
0.755
0.7535
0.75