AUDUSD - Downward trend will continue, Short trade by market price recommended
September 26, 2019 4:45:52 AM
Forecast Details
PairAUDUSD
Direction
Sell
StatusClosed (0.676)
-40 p
0.6800
Stop Loss
0.6760
Entry
+45 p
0.6715
Target 1
About Author
Alexander Zorevyk
Expert
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: 11
Buy or Sell
Chart & Analyst Comments
- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The dynamics of the Ratios indicator signals for Short opportunities. Pay attention to the area marked on the image.
- The idea of this Sell forecast is based on a long-term downtrend, which is confirmed by the MVP indicator dynamics.
- In this sideways movement, retail traders prefer to hold long trades. There seem to be a major player interest in an downward movement.
