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Intraday forecastAustralian Dollar / US Dollar technical chart
SymbolAUDUSD
Release TimeJune 18, 2019 - 20:34
Advisebuy (limit) above S1=0.686
Intraday
Short term
Yesterday range36
Yesterday high0.6884
Yesterday low0.6848
Yesterday close0.6852
R30.7005
R20.6935
R10.6905
S10.686
S20.683
S30.6745
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.686.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6905.
TP4: R2=0.6935.
Set the stoploss of these orders at breakout of S2=0.683.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.683.
In this situation, there is an expectation to reach the target S3=0.6745.
Set the stoploss of reverse orders at breakout of S1=0.686.

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