The price above 20 MA and MA 200, indicating a growing trend.
Average in the MACD 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 1.1390
• Take Profit Level: 1.1500 (110 pips)
• Stop Loss Level: 1.1350 (40 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.1260
• Take Profit Level: 1.1160 (100 pips)
• Stop Loss Level: 1.1290 (30 pips)
GOLD
Possible long position at the breakdown level 1190
USDJPY
Possible long position at the breakdown level 123.85
USDCHF
Possible short position at the breakdown level 0.9230
GBPUSD
Possible long position at the breakdown level 1.5630
