- 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.
- MVP line is below the price and acts as a support level.
- The SLC indicator displays the levels where there are Stop Losses acting as targets for our trading idea.
- Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
AUDUSD - Upward trend will continue, Long trade by market price recommended
January 24, 2023 2:11:12 PM
Forecast Details
PairAUDUSD
Direction
Buy
StatusClosed (0.7090)
+70 p
0.7090
Target 1
0.7020
Entry
-65 p
0.6955
Stop Loss
Chart & Analyst Comments
