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 111.90
• Take Profit Level: 113.30 (140 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 110.80
• Take Profit Level: 110.00 (80 pips)
GOLD
Possible short position in the breakdown of the level 1119
EURUSD
Possible short position in the breakdown of the level 1.1090
USDCHF
Possible short position in the breakdown of the level 0.9955
GBPUSD
Possible long position at the breakout of the level 1.4660
