The price above 200 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 1.6850
• Take Profit Level: 1.7070 (220 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.6500
• Take Profit Level: 1.6400 (100 pips)
GOLD
Possible long position at the breakdown level 1108.30
EURUSD
Possible long position at the breakdown level 1.0970
USDCHF
Possible long position at the breakdown level 1.0000
GBPUSD
Possible short position in the breakdown of the level 1.4490
