The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
MACD is below the zero level.
The oscillator Force Index is below the zero level.
If the level of resistance is broken, you should follow recommendations below:
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 1,4630
- Take Profit Level: 1,4500 (130 pips)
- Stop Loss Level: 1,4670 (40 pips)
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 1,4700
- Take Profit Level: 1,4800 (100 pips)
- Stop Loss Level: 1,4670 (30 pips)
GOLD
Possible short position in the breakdown of the level 1191.5
EURUSD
Possible short position in the breakdown of the level 1.0595
USDCHF
Possible long position at the breakout of the level 0.9800
USDJPY
According to the recommendations USDJPY open long position
