The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above the zero level.
The oscillator Force Index is above the zero level.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7280
• Take Profit Level: 1.7500 (220 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7150
• Take Profit Level: 1.7050 (100 pips)
GOLD
Possible long position at the breakout level 1296
USDJPY
Possible short position at the breakdown level 108.10
EURUSD
Possible long position at the breakout level 1.0740
GBPUSD
Possible long position at the breakout level 1.2900
