PaxForex

Analysis of EURUSD 12.06.2019

FX:EURUSD   Euro / Dollar AS
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 1.1350
• Take Profit Level: 1.1410 (60 pips)

If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.1300
• Take Profit Level: 1.1270 (30 pips)



USDJPY
A possible short position in the breakdown of the level 108.20

GOLD
A possible long position at the breakout of the level 1340.00

USDCHF
A possible short position in the breakdown of the level 0.9900

GBPUSD
A possible long position at the breakout of the level 1.2760

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