The price above 200 MA and MA 200, 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 1220
• Take Profit Level: 1235 (1500 pips)
• Stop Loss Level: 1215 (500 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1211
• Take Profit Level: 1203 (800 pips)
• Stop Loss Level: 1214 (300 pips)
EURUSD
Possible long position at the breakdown level 1.1445
USDJPY
Possible short position at the breakdown level 118.50
USDCHF
Possible short position at the breakdown level 0.9100
GBPUSD
Possible long position at the breakdown level 1.5800
