The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 11.5600
• Take Profit Level: 11.7200 (1600 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 11.4750
• Take Profit Level: 11.4550 (200 pips)
GOLD
Possible short position at the breakdown level 1213.85
EURUSD
Possible short position at the breakdown level 1.0850
USDJPY
Possible long position at the breakout of the level 114.40
GBPUSD
Possible long position at the breakout of the level 1.2990
