The price above 20 MA and 200 MA, indicating a growing trend.
The MACD is above 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 0.9775
- Take Profit Level: 0.9890 (115 pips)
- Stop Loss Level: 0.9750 (30 pips)
If the price rebound from resistance level, you should follow recommendations below:
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 0.9440
- Take Profit Level: 0.9340 (100 pips)
- Stop Loss Level: 0.9470 (30 pips)
GOLD
Possible short position at the breakdown level 1115.50
USDJPY
Possible long position at the breakout level 120.40
EURUSD
Possible long position at the breakout level 1.1230
GBPUSD
Possible short position at the breakdown level 1.5400
