The price above 20 MA and 200 MA, indicating a growing trend.
The MACD average is out of the histogram.
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 1.5600
• 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 1.5280
• Take Profit Level: 1.5180 (100 pips)
GOLD
Possible long position at the breakout of the level 1130
USDJPY
Possible long position at the breakout of the level 121.70
USDCHF
Possible long position at the breakout of the level 1.0260
GBPUSD
Possible long position at the breakout of the level 1.4440
