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 1288.00 • Take Profit Level: 1278.00 (1000 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1297.00 • Take Profit Level: 1303.00 (600 pips)
GBPUSD Possible short position in the breakdown of the level 1.3450
EURUSD Possible short position in the breakdown of the level 1.1770
USDCHF Possible long position at the breakdown level 1.0050
USDJPY Possible long position at the breakdown level 110.50
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
