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Intraday forecastAustralian Dollar / US Dollar technical chart
SymbolAUDUSD
Release TimeMay 2, 2007 - 17:39
Advisesell (limit) below R1=0.8271
Intraday
Short term
Yesterday range
Yesterday high
Yesterday low
Yesterday close
R30.8325
R20.8288
R10.8271
S10.8235
S20.8218
S30.8181
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.8271.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.8288.
In this situation, there is an expectation to reach the target R3=0.8325.
Set the stoploss of reverse orders at breakout of R1=0.8271.

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