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 5950.00 • Take Profit Level: 5600.00 (3500 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 6300.00 • Take Profit Level: 6400.00 (1000 pips)
GOLD Possible short position in the breakdown of the level 1253.00
EURUSD Possible short position in the breakdown of the level 1.1610
USDCHF Possible long position at the breakout of the level 0.9940
USDJPY Possible short position in the breakdown of the level 0.9940
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
