AUDUSD - Downward trend will continue, Short trade by market price recommended
October 15, 2019 6:40:04 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.6725)
-50 p
0.6825
Stop Loss
0.6775
Entry
+50 p
0.6725
Target 1
+75 p
0.6700
Target 2
About Author
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 9
Buy or Sell
Chart & Analyst Comments

- Analyzing the market sentiment with Current Ratio indicator, we see a formed signal that confirms our idea of Sell Order.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
- MVP line is above the price and acts as a resistance level.
- We see two clusters of stop losses below the price on which we set our first and second targets according to our forecast.