After the great decline, the dollar took away most of the lost positions and it doesn’t seem to stop. Currently some consolidation is observed, an upside breakout is still possible.
The price is above the moving average 20 MA, indicating an upward trend.
Average MACD came out of the histogram.
The oscillator Force Index shows correction, but over the 0-th level.
If the level of resistance is broken, you shall follow recommendations below:The price is above the moving average 20 MA, indicating an upward trend.
Average MACD came out of the histogram.
The oscillator Force Index shows correction, but over the 0-th level.
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position 0,9343
- Take Profit Level: 0,9552
- Stop Loss Level: 0,9272
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position 0,9213
- Take Profit Level: 0,9050
- Stop Loss Level: 0,9270