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

Alex Zarevich on FXSSI Alex Zarevich Expert
main-buy-market-trend-1
Forecast Details
PairAUDUSD
Publication Time1/24/23 2:11 PM
Direction Buy
Status Closed (0.7090)
14:11
14:11
Jan. 24, 2023
Forecast
+70 p
0.7090
Target 1
0.7020
Entry
-65 p
0.6955
Stop Loss
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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.
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