The price above 20 MA and 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 1.3625
• Take Profit Level: 1.3705 (80 pips)
• Stop Loss Level: 1.3600 (25 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.3550
• Take Profit Level: 1.3460 (90 pips)
• Stop Loss Level: 1.3580 (30 pips)
GOLD
Possible long position at the breakout of the level 1179
EURUSD
Possible long position at the breakout of the level 1.0985
USDCHF
Possible short position in the breakdown of the level 0.9900
GBPUSD
Possible long position at the breakout of the level 1.5050
