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 1.5680
• Take Profit Level: 1.5820 (140 pips)
• Stop Loss Level: 1.5630 (50 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.5600
• Take Profit Level: 1.5500 (100 pips)
• Stop Loss Level: 1.5630 (30 pips)
GOLD
According to the recommendations GOLD open short position
USDJPY
According to the recommendations USDJPY open long position
EURUSD
Possible short position in the breakdown of the level 1.0890
USDCHF
Possible long position at the breakdown level 0.9580
