Analysis of GBPCAD 15.03.2019

Posted On 15 Mar 2019

The price above 200 MA ,20 MA indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.78
• Take Profit Level: 1.80 (200 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position

Source:: Analysis of GBPCAD 15.03.2019

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