The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 1.5600
• Take Profit Level: 1.5800 (200 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.5550
• Take Profit Level: 1.5470 (80 pips)
GOLD
Possible short position at the breakdown level 1243.40
EURUSD
Possible short position at the breakdown level 1.1170
USDCHF
Possible long position at the breakdown level 0.9930
GBPUSD
Possible short position at the breakdown level 1.4480
