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 Ratios indicator have reached critical value, too many traders expect a downward movement. In this case, we recommend standing aside with short trades. Long trades only.
  2. There is an increase in buyers when price attempts to move up. We expect the price to roll back to eliminate the accumulated buyers. We recommend set Buy Limit orders at 1.635