The price is above the moving average МА 200 and 20 MA, indicating an upward trend.
MACD above the zero line.
The oscillator Force Index shows correction, but over the 0-th level.
If the level of resistance is broken, you shall follow recommendations below:
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 1,0100
- Take Profit Level: 1,0239 (139 pips)
- Stop Loss Level: 1,0062 (38 pips)
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 0,9990
- Take Profit Level: 0,9872 (118 pips)
- Stop Loss Level: 1,0020 (30 pips)
