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Intraday forecastAustralian Dollar / US Dollar graphique technique
SymboleAUDUSD
Release Timejanvier 18, 2022 - 23:05
Advisebuy (limit) above S1=0.7165
Intraday
Short term
Yesterday range58
Yesterday high0.7228
Yesterday low0.717
Yesterday close0.7184
R30.731
R20.7265
R10.7225
S10.7165
S20.7155
S30.709
Trade setup

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7165.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.7225.
TP4: R2=0.7265.
Set the stoploss of these orders at breakout of S2=0.7155.

Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.7155.
In this situation, there is an expectation to reach the target S3=0.709.
Set the stoploss of reverse orders at breakout of S1=0.7165.

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