The price above 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 1219
• Take Profit Level: 1232 (1300 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1209
• Take Profit Level: 1200 (900 pips)
EURUSD
Possible long position at the breakout of the level 1.1720
USDJPY
Possible short position in the breakdown of the level 112.50
USDCHF
Possible short position in the breakdown of the level 1.0000
GBPUSD
Possible long position at the breakout of the level 1.2420