AUDUSD - Downward trend will continue, Short trade by market price recommended
February 18, 2020 8:47:21 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.664)
-45 p
0.6730
Stop Loss
0.6685
Entry
+45 p
0.6640
Target 1
About Author
Alexander Zorevyk
Expert
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: 8
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- The idea of this Sell forecast is based on a long-term downtrend, which is confirmed by the MVP indicator dynamics.
- Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
