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 43.20 • Take Profit Level: 40.60 (260 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 45.60 • Take Profit Level: 46.60 (100 pips)
GOLD Possible short position in the breakdown of the level 1255.00
EURUSD Possible short position in the breakdown of the level 1.1640
USDCHF Possible long position at the breakout of the level 0.9900
USDJPY Possible short position in the breakdown of the level 109.30
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