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 1.6420
• Take Profit Level: 1.6570 (150 pips)
If the price rebound from resistance level, you should follow recommendations below: