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AUDUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairAUDUSD
Publication Time5/28/25 9:48 AM
Direction Sell
Status Closed (0.6445)
9:48
9:48
May 28, 2025
Forecast
-45 p
0.6490
Stop Loss
0.6445
Entry
+45 p
0.6400
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. According to the most brokers’ data, more than half of the traders are currently in long positions on AUDUSD. As a result, we recommend considering only Short trades at this time.
  2. Price broke through the MVP line and rushed down. We consider this a sign for further AUDUSD price decrease.
  3. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 0.64
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