Downtrend is coming to key number 1.5200. Earlier, Bears were stopped on this level. Let's see if the level will withstand the pressure.
Average MACD below the zero line.
The oscillator Force Index below the zero line, but in the correction.
If the level of support is broken, you should follow recommendations below:
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 1.5190
- Take Profit Level: 1.4982 (208 pips)
- Stop Loss Level: 1.5248 (58 pips)
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 1.5130
- Take Profit Zone: 1.5332 (202 pips)
- Stop Loss Level: 1.5080 (50 pips)