The price above 20 MA, indicating a growing trend.
Average in the MACD came out of the histogram, the histogram is at zero level.
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 1.0970
• Take Profit Level: 1.1100 (130 pips)
• Stop Loss Level: 1.0925 (45 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0910
• Take Profit Level: 1.0840 (70 pips)
• Stop Loss Level: 1.0930 (20 pips)
GOLD
Possible short position at the breakdown level 1089.50
USDJPY
Possible short position at the breakdown level 123.50
USDCHF
Possible short position at the breakdown level 0.9550
GBPUSD
Possible long position at the breakdown level 1.5630
