The market has stabilized, the first signs of an uptrend appeared

September 5, 2019 6:01:52 PM by Alexander Zorevyk
Forecast Details
PairEURAUD
Direction Buy
StatusClosed (1.6235)
18:00
18:00
Sep. 5, 2019

+115 p
1.6350
Target 2
+64 p
1.6300
Target 1
1.6235
Entry
-69 p
1.6165
Stop Loss
Chart & Analyst Comments
The market has stabilized, the first signs of an uptrend appeared
  1. Most traders are still bearish, which indicates the need for us to continue to go buying EURAUD.
  2. There is a majority of sell positions in the present sideways movement. We suspect an interest of a major player in moving the price upwards.
  3. We see two clusters of stop losses on which we set our first and second targets according to our forecast.