The price above 20 MA and MA 200, indicating a growing trend.
The histogram in MACD, already above the zero level, the average came out.
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 1.3110
• Take Profit Level: 1.3230 (120 pips)
• Stop Loss Level: 1.3070 (40 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.3000
• Take Profit Level: 1.2920 (80 pips)
• Stop Loss Level: 1.3030 (30 pips)
GOLD
Possible short position at the breakdown level 1077
USDJPY
Possible long position at the breakdown level 124.60
USDCHF
Possible short position at the breakdown level 0.9590
GBPUSD
Possible long position at the breakdown level 1.5540
