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

August 30, 2019 10:56:22 AM by Patrick Yang
Forecast Details
PairEURAUD
Direction Buy
StatusClosed (1.621)
Start
End
Aug. 30, 2019
Sep. 6, 2019

+149 p
1.6500
Target 1
1.6350
Entry
-140 p
1.6210
Stop Loss
Chart & Analyst Comments
The market has stabilized, the first signs of an uptrend appeared
  1. The Current Ratio indicator have reached a critical value, too many traders expect a downward movement. In this case, we recommend to Buy only.
  2. There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 1.635