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 146.50
• Take Profit Level: 144.00 (250 pips)
If the price rebound from support level, you shall follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 150.00
• Take Profit Level: 151.00 (100 pips)
GBPUSD
Possible short position in the breakdown of the level 1.2950
EURUSD
Possible long position at the breakout of the level 1.1540
USDCHF
Possible long position at the breakout of the level 0.9580
USDJPY
Possible long position at the breakout of the level 112.50
