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Intraday forecastAustralian Dollar / US Dollar technical chart
SymbolAUDUSD
Release TimeHaziran 21, 2021 - 20:15
Advisesell (limit) below R1=0.7605
Intraday
Short term
Yesterday range82
Yesterday high0.7561
Yesterday low0.7479
Yesterday close0.7479
R30.774
R20.7645
R10.7605
S10.7525
S20.7475
S30.745
Trade setup

As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=0.7605.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.7525.
TP4: S2=0.7475.
Set the stoploss of these orders at breakout of R2=0.7645.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.7645.
In this situation, there is an expectation to reach the target R3=0.774.
Set the stoploss of reverse orders at breakout of R1=0.7605.

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