The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 139.50 • Take Profit Level: 138.00 (150 pips)
If the price rebound from a support level, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 141.75 • Take Profit Level: 142.25 (50 pips)
GOLD A possible short position in the breakdown of the level 1272.00
GBPJPY A possible short position in the breakdown of the level 1.1145
GBPUSD A possible short position in the breakdown of the level 1.2650
USDJPY A possible long position at the breakout of the level 110.65
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
