The price is below the moving average 20 MA and 200 MA, indicating the downward trend.
Average MACD came out of the histogram is above 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: D1
- Recommendation: Short Position
- Entry Level: Short Position 1185
- Take Profit Level: 1165 (2000 pips)
- Stop Loss Level: 1190 (500 pips)
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position 1192
- Take Profit Level: 1205 (1300 pips)
- Stop Loss Level: 1188 (400 pips)
EURUSD
Possible short position at the breakdown level 1.0795
GBPUSD
Possible short position at the breakdown level 1.4788
USDJPY
Possible long position at the breakout level 120.00
USDCHF
According to recommendations USDCHF we are expecting when the order will be opened.