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 4.4980 • Take Profit Level: 4.4300 (680 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 4.5450 • Take Profit Level: 4.5650 (200 pips)
GBPUSD Possible short position in the breakdown of the level 1.3320
EURUSD Possible long position at the breakdown level c1.1840
USDCHF Possible short position in the breakdown of the level 0.9880
USDJPY Possible long position at the breakdown level 113.70
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