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 114.90
• Take Profit Level: 116.00 (110 pips)
If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 113.10
• Take Profit Level: 112.30 (80 pips)
GOLD
Possible short position in the breakdown of the level 1157
EURUSD
Possible short position in the breakdown of the level 1.0560
USDCHF
Possible long position at the breakout of the level 1.0200
GBPUSD
Possible short position in the breakdown of the level 1.2540
