The market has stabilized, the first signs of an uptrend appeared
April 28, 2020 6:37:11 AM
Forecast Details
PairAUDUSD
Direction
Buy
StatusClosed (0.6415)
+85 p
0.6500
Target 2
+60 p
0.6475
Target 1
0.6415
Entry
-65 p
0.6350
Stop Loss
About Author
Alexander Zorevyk
Expert
Related Links
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Total votes: 7
Buy or Sell
Chart & Analyst Comments
- 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.
- The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
- MVP line is below the price and acts as a support level.
- Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
