EURAUD - the pair is about to leave the range of flat
December 6, 2019 6:48:39 AM
Forecast Details
PairEURAUD
Direction
Buy
StatusClosed (1.617)
+150 p
1.6370
Target 1
1.6220
Entry
-150 p
1.6070
Stop Loss
About Author
Patrick Yang
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: 7
Buy or Sell
Chart & Analyst Comments
Previous price movement provoked sellers to action, but having made a fake manoeuvre, it returned upwards. Now is a good time to enter the market with a Buy Order.
- The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- We are focused on the breakdown of the previous peak, the target at the level of 1.637.
