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 1142
• Take Profit Level: 1132 (1000 pips)
• Stop Loss Level: 1146 (400 pips)
GBPUSD
Possible long position at the breakdown level 1.5680
EURUSD
Possible short position in the breakdown of the level 1.0850
USDCHF
Possible long position at the breakdown level 0.9585
USDJPY
According to the recommendations USDJPY open long position
