Analysis of USDCHF 13.04.2018
The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level.
The oscillator Force Index is above the zero level of correction.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9650
• Take Profit Level: 0.9700 (50 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9650
• Take Profit Level: 0.9550 (50 pips)
The MACD is above the zero level.
The oscillator Force Index is above the zero level of correction.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9650
• Take Profit Level: 0.9700 (50 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9650
• Take Profit Level: 0.9550 (50 pips)
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