The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.2900
• Take Profit Level: 1.3030 (130 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.2770
• Take Profit Level: 1.2700 (70 pips)
USDJPY
A possible long position at the breakout of the level 108.80
EURUSD
A possible long position at the breakout of the level 1.1090
GBPCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible long position at the breakout of the level 1.2985
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The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.2900
• Take Profit Level: 1.3030 (130 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.2770
• Take Profit Level: 1.2700 (70 pips)
USDJPY
A possible long position at the breakout of the level 108.80
EURUSD
A possible long position at the breakout of the level 1.1090
GBPCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible long position at the breakout of the level 1.2985
WHY TRADE WITH PAXFOREX?
We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on...
Top Effective Educational Tools For All Types Of Traders
The Reliability in all assets in the market
Live Multi-language Online Support 24/5
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.