Analysis on USDTRY 22.06.2018



The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is below the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 4.7800
• Take Profit Level: 4.8800 (1000 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 4.6700
• Take Profit Level: 4.6200 (500 pips)

GOLD
Possible short position in the breakdown of the level 1261.00

USDJPY
Possible long position at the breakout of the level 110.30

USDCHF
Possible short position in the breakdown of the level 0.9880

GBPUSD
Possible long position at the breakout of the level 1.3320

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