The price above 20 MA, indicating a growing trend.
Average in the MACD is in divergence, but is below the zero level.
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 1.1010
• Take Profit Level: 1.1130 (120 pips)
• Stop Loss Level: 1.0970 (40 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.0950
• Take Profit Level: 1.0880 (70 pips)
• Stop Loss Level: 1.0975 (25 pips)
GOLD
Possible short position at the breakdown level 1183
USDJPY
According to recommendations USDJPY open long position
USDCHF
Possible short position at the breakdown level 0.9440
GBPUSD
According to recommendations GBPUSD open short position
