The price above MA 200 and 20 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 121.40
• Take Profit Level: 122.40 (100 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 120.30
• Take Profit Level: 119.50 (80 pips)
GOLD
Possible short position in the breakdown of the level 1107.80
EURUSD
Possible long position at the breakout of the level 1.0970
USDCHF
Possible long position at the breakout of the level 1.0220
GBPUSD
Possible short position in the breakdown of the level 1.4280
