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 1180.00 • Take Profit Level: 1165.00 (1500 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1192.00 • Take Profit Level: 1200 (800 pips)
EURUSD Possible short position in the breakdown of the level 1180.00
USDCHF Possible long position at the breakout of the level 0.9960
GBPUSD Possible short position in the breakdown of the level 1.3020
USDJPY Possible long position at the breakout of the level 113.40
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