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 1243.00 • Take Profit Level: 1233.00 (2000 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1253.00 • Take Profit Level: 1260.00 (700 pips)
GBPUSD Possible long position at the breakdown level 1.3520
EURUSD Possible short position in the breakdown of the level 1.1720
USDCHF Possible long position at the breakdown level 0.9970
USDJPY Possible long position at the breakdown level 113.60
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