AUDUSD - Upward trend will continue, Long trade by market price recommended

July 2, 2019 6:35:24 AM by Alexander Zorevyk
Forecast Details
PairAUDUSD
Direction Buy
StatusClosed (0.6995)
6:33
6:33
Jul. 2, 2019

+35 p
0.7015
Target 1
0.6980
Entry
-35 p
0.6945
Stop Loss
Chart & Analyst Comments
AUDUSD - Upward trend will continue, Long trade by market price recommended
  1. There is an increase in the number of bears on the downward movement, followed by correction. We consider this movement as a trap for sellers and look forward for a continuation of the uptrend.
  2. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  3. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.