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 146.40 • Take Profit Level: 144.80 (160 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 148.00 • Take Profit Level: 148.70 (70 pips)
GBPUSD Possible short position in the breakdown of the level 1.3720
EURUSD Possible short position in the breakdown of the level 1.2160
USDCHF Possible long position at the breakdown level 0.9470
USDJPY Possible short position in the breakdown of the level 106.50
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
