The price above 20 MA and 200 MA, indicating a growing trend.
MACD is above the zero line.
The oscillator Force Index is still 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 1,0900
- Take Profit Level: 1,1020 (120 pips)
- Stop Loss Level: 1,0860 (40 pips)
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 1,0800
- Take Profit Level: 1,0660 (140 pips)
- Stop Loss Level: 1,0850 (50 pips)
GOLD
According to the recommendations GOLD open short position
USDJPY
Possible short position in the breakdown level 119.50
USDCHF
According to the recommendations USDCHF expected when the work order
GBPUSD
Possible short position when the rebound from the level of 1.5000
