The price above 20 MA and 200 MA, indicating a growing trend.
The MACD 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 114.40
• Take Profit Level: 115.40 (100 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 113.60
• Take Profit Level: 113.00 (60 pips)
GOLD
Possible short position at the breakdown level 1204.00
EURUSD
Possible long position at the breakdown level 1.1470
USDCHF
Possible long position at the breakdown level 0.9690
GBPUSD
Possible short position at the breakdown level 1.2850
