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 1331
• Take Profit Level: 1320 (1100 pips)
If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1341
• Take Profit Level: 1350 (900 pips)
GBPUSD
Possible short position in the breakdown of the level 1.3000
EURUSD
Possible long position at the breakdown level 1.1320
USDCHF
Possible long position at the breakdown level 1.1320
USDJPY
Possible short position in the breakdown of the level 100.30
