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Intraday forecastAustralian Dollar / US Dollar technical chart
SymbolAUDUSD
Release TimeSeptember 7, 2022 - 21:03
Advisebuy (limit) above S1=0.6735
Intraday
Short term
Yesterday range71
Yesterday high0.677
Yesterday low0.6699
Yesterday close0.6768
R30.6905
R20.683
R10.679
S10.6735
S20.67
S30.661
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6735.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.679.
TP4: R2=0.683.
Set the stoploss of these orders at breakout of S2=0.67.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.67.
In this situation, there is an expectation to reach the target S3=0.661.
Set the stoploss of reverse orders at breakout of S1=0.6735.

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Release Time Symbol Intraday R S
Wed, Sep 7 2022, 21:03 AUDUSD Subscribe! Subscribers Only Subscribers Only
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