Analysis of NZDUSD 22.01.2019

22 Jan. 2019
The price is below the moving average 20 MA and MA 200, indicating the downward trend. 
MACD is below the zero level.
The oscillator Force Index is below the zero level.

If the level of support is broken, you shall follow recommendations below:

Timeframe: H4
Recommendation: Short Position
Entry Level: Short Position 0.6700
Take Profit Level: 0.6600 (100 pips)

If the price rebound from support level, you shall follow recommendations below:
Timeframe: H4
Recommendation: Long Position
Entry Level: Long Position 0.6740
Take Profit Level: 0.6800 (60 pips)


GOLD

Possible long position at the breakout of the level 1285.00

USDJPY

Possible short position in the breakdown of the level 109.20

EURUSD

Possible short position in the breakdown of the level 1.1340

GBPUSD

Possible long position at the breakout of the level 1.2930
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