The price is below the moving average 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero level. If the level of support is broken, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 39.80 • Take Profit Level: 34.10 (570 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 44.00 • Take Profit Level: 44.50 (50 pips)
GOLD Possible short position in the breakdown of the level 1227.00
GBPUSD Possible short position in the breakdown of the level 1.3100
USDCHF Possible short position in the breakdown of the level 0.9900
USDJPY Possible short position in the breakdown of the level 110.70
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