For the past days the price stays in the price range and so far no leader. The previous day showed us the situation can be changed .We are preparing for a break through level 180.50 and join the bulls.
The price is above the moving average 20 MA and 200 MA, which indicates an upward trend.
The average in the MACD went from the histogram, but still below the zero line.
The oscillator Force Index crossed the zero line upwards.
In case of break through of the resistance level the following recommendations are:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position 180.50
- Take Profit Level: 184.65
- Stop Loss Level: 179.30
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position 179.60
- Take Profit Level: 176.60
- Stop Loss Level: 180.2