The price above 20 MA, indicating a growing trend.
The MACD is middle left, the histogram at 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 0.6550
• Take Profit Level: 0.6620 (70 pips)
• Stop Loss Level: 0.6520 (30 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.6500
• Take Profit Level: 0.6420 (80 pips)
• Stop Loss Level: 0.6530 (30 pips)
GOLD
Possible long position at the breakout level 1079
USDJPY
Possible short position at the breakdown level 123.00
EURUSD
Possible long position at the breakout level 1.0720
GBPUSD
Possible long position at the breakout level 1.5290
