- According to the most brokers’ data, more than half of the traders are currently in long positions on AUDUSD. As a result, we recommend considering only Short trades at this time.
- We see an accumulation of loss buyers above the current price in the right Order Book. This cluster can act as a resistance.
- MVP line is above the price and acts as a resistance level.
- The SLC indicator displays a cluster of Stop Losses and Stop orders straight at the previous low level, which according to our forecast, is good for placing Take Profit.
Chart & Analyst Comments
![main-sell-market-trend-1](https://fxssi.com/images/forecasts/forecast-441167e0ce764db801d36ae493f43039.png)