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Intraday forecastAustralian Dollar vs. US Dollar technical chart
SymbolAUDUSD
Release TimeWed, 05/15/2019 - 19:59
Advisesell (limit) below R1=0.695
Intraday
Short term
Yesterday range24
Yesterday high0.6959
Yesterday low0.6935
Yesterday close0.6943
R30.7035
R20.6965
R10.695
S10.691
S20.69
S30.6875
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.695.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.691.
TP4: S2=0.69.
Set the stoploss of these orders at breakout of R2=0.6965.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.6965.
In this situation, there is an expectation to reach the target R3=0.7035.
Set the stoploss of reverse orders at breakout of R1=0.695.

Latest forecasts
Release Time Symbol Intraday R S
Thu, May 16 2019, 21:03 AUDUSD Subscribe! Subscribers Only Subscribers Only
Wed, May 15 2019, 19:59 AUDUSD Subscribe! Subscribers Only Subscribers Only
Tue, May 14 2019, 20:08 AUDUSD Subscribe! Subscribers Only Subscribers Only
Mon, May 13 2019, 20:53 AUDUSD Subscribe! Subscribers Only Subscribers Only
Mon, May 13 2019, 10:40 AUDUSD Subscribe! Subscribers Only Subscribers Only