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Intraday forecastAustralian Dollar / US Dollar graphique technique
SymboleAUDUSD
Release Timemai 10, 2021 - 13:37
Advisebuy (limit) above S1=0.786
Intraday
Short term
Yesterday range101
Yesterday high0.7862
Yesterday low0.7761
Yesterday close0.7844
R30.8005
R20.7935
R10.791
S10.786
S20.784
S30.7765
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.786.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.791.
TP4: R2=0.7935.
Set the stoploss of these orders at breakout of S2=0.784.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.784.
In this situation, there is an expectation to reach the target S3=0.7765.
Set the stoploss of reverse orders at breakout of S1=0.786.

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