The price above 20 MA and 200 MA, indicating a growing trend.
Average in the MACD came 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 1.1365
• Take Profit Level: 1.1565 (200 pips)
• Stop Loss Level: 1.1300 (65 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.1300
• Take Profit Level: 1.1200 (100 pips)
• Stop Loss Level: 1.1330 (30 pips)
GOLD
Possible long position at the breakdown level 1145
USDJPY
Possible short position at the breakdown level 119.30
USDCHF
Possible short position at the breakdown level 0.9550
GBPUSD
Possible short position at the breakdown level 1.5330
