EN

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

Patrick Yang on FXSSI Patrick Yang Expert
main-sell-market-trend-1
Forecast Details
PairAUDUSD
Publication Time2/24/20 6:06 PM
Direction Sell
Status Closed (0.6500)
Feb. 24, 2020
Mar. 2, 2020
Forecast
-115 p
0.6730
Stop Loss
0.6615
Entry
+115 p
0.6500
Target 1
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. MVP line is above the price and acts as a resistance level.
  4. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
    index: 1x 0.033316135406494s
t_/pages/forecast: 1x 0.031968832015991s
t_/common/header-new: 1x 0.021646976470947s
t_/common/head: 1x 0.018371105194092s
t_/common/footer-new: 1x 0.0027410984039307s
router_page: 1x 0.00072216987609863s
t_/popups/on-download: 1x 0.00050497055053711s
t_/common/cookie-banner: 1x 0.00044703483581543s
router: 1x 0.00041007995605469s
t_/blocks/sidebar-afil: 1x 0.00020003318786621s
service-routes: 1x 0.0001981258392334s
router_redirection: 1x 0.00011801719665527s
t_/popups/zoom: 1x 1.5020370483398E-5s
----- END OF DUMP (2026-01-21 15:55:01)  -----