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 1.2540 • Take Profit Level: 1.2660 (120 pips)
If the price rebound from resistance level, you should follow recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.2420 • Take Profit Level: 1.2360 (60 pips)
GOLD Possible long position at the breakout of the level 1357.00
USDJPY Possible short position in the breakdown of the level 106.10
USDCHF Possible short position in the breakdown of the level 0.9220
GBPUSD Possible long position at the breakout of the level 1.4070
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