AUDUSD - Upward trend will continue, Long trade by market price recommended

January 24, 2023 2:11:12 PM by Alex Zarevich
Forecast Details
PairAUDUSD
Direction Buy
StatusClosed (0.7090)
14:11
14:11
Jan. 24, 2023

+70 p
0.7090
Target 1
0.7020
Entry
-65 p
0.6955
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. 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.
  2. MVP line is below the price and acts as a support level.
  3. The SLC indicator displays the levels where there are Stop Losses acting as targets for our trading idea.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.033985137939453s
t_/pages/forecast: 1x 0.030362844467163s
t_/common/header-new: 1x 0.019361972808838s
t_/common/head: 1x 0.016152858734131s
t_/common/footer-new: 1x 0.002586841583252s
router_page: 1x 0.001910924911499s
router: 1x 0.0009920597076416s
t_/popups/on-download: 1x 0.00049901008605957s
service-routes: 1x 0.00031495094299316s
router_redirection: 1x 0.0001380443572998s
t_/popups/zoom: 1x 4.1007995605469E-5s
----- END OF DUMP (2023-01-31 10:06:01)  -----