AUDUSD - the pair is about to leave the range of flat
February 21, 2019 8:41:14 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.715)
-50 p
0.7200
Stop Loss
0.7150
Entry
+55 p
0.7095
Target 1
+100 p
0.7050
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

- For a while now, the Current Ratio indicator provides an opportunity for Short trade. We are using this signal as a basis for today’s trading forecast.
- Analyzing the positions ratio, we see that most traders are currently in Longs, which also combined with the original idea.
- The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
- Price broke through the MVP line and rushed down. We consider this a sign for further AUDUSD price decrease.
- Set Take profit at the local price minimum.