- According to the most brokers’ data, more than half of the traders are currently in short positions on AUDUSD. As a result, we recommend considering only Long trades at this time.
- The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
- Price broke through the MVP line and rushed up. We consider this a sign for further AUDUSD price increase.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
Chart & Analyst Comments
