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 124.20 • Take Profit Level: 123.40 (80 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 124.70 • Take Profit Level: 125.10 (40 pips)
USDCHF Possible long position at the breakout of the level 1.0125
USDJPY Possible short position in the breakdown of the level 110.95
EURUSD Possible short position in the breakdown of the level 1.1170
GBPUSD Possible short position in the breakdown of the level 1.3060
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