The price above 20 MA and 200 MA, indicating a growing trend.
The MACD histogram 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 1.4060
• Take Profit Level: 1.4200 (140 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.3940
• Take Profit Level: 1.3860 (80 pips)
GOLD
Possible short position in the breakdown of the level 1259
EURUSD
Possible long position at the breakout of the level 1.1400
USDCHF
Possible long position at the breakout of the level 0.9740
GBPUSD
Possible long position at the breakout of the level 1.4460
