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 111.80
• Take Profit Level: 114.00 (220 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 111.00
• Take Profit Level: 110.40 (60 pips)
GOLD
Possible short position at the breakdown level 1236.00
USDJPY
Possible long position at the breakdown level 1.1200
USDCHF
Possible long position at the breakdown level 0.9740
GBPUSD
Possible long position at the breakdown level 1.2760
