The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is below the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.1830
• Take Profit Level: 1.1900 (70 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.1770
• Take Profit Level: 1.1700 (70 pips)
EURUSD
Possible long position at the breakout of the level 1291
USDJPY
Possible long position at the breakout of the level 109.90
USDCHF
Possible short position in the breakdown of the level 0.9620
GBPUSD
Possible long position at the breakout of the level 1.2850
