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Intraday forecastAustralian Dollar vs. US Dollar technical chart
SymbolAUDUSD
Release TimeThu, 11/08/2018 - 20:26
Advisesell (limit) below R1=0.728
Intraday
Short term
Yesterday range87
Yesterday high0.7299
Yesterday low0.7212
Yesterday close0.7275
R30.7375
R20.73
R10.728
S10.7235
S20.721
S30.718
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.728.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.7235.
TP4: S2=0.721.
Set the stoploss of these orders at breakout of R2=0.73.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.73.
In this situation, there is an expectation to reach the target R3=0.7375.
Set the stoploss of reverse orders at breakout of R1=0.728.

Latest forecasts
Release Time Symbol Intraday R S
Thu, Nov 15 2018, 20:11 AUDUSD Subscribe! Subscribers Only Subscribers Only
Wed, Nov 14 2018, 20:12 AUDUSD free 0.735
0.73
0.7265
0.722
0.72
0.7125
Tue, Nov 13 2018, 20:49 AUDUSD Subscribe! Subscribers Only Subscribers Only
Mon, Nov 12 2018, 20:44 AUDUSD Subscribe! Subscribers Only Subscribers Only
Mon, Nov 12 2018, 13:25 AUDUSD Subscribe! Subscribers Only Subscribers Only