The price is below the moving average of 20 MA and MA 200, indicating the downward trend.
MACD is below the zero levels.
The oscillator Force Index is below the zero levels.
If the level of support is broken, you shall follow the recommendations below:
- Timeframe: H4
- Recommendation: Short Position
- Entry Level: Short Position 169.00
- Take Profit Level: 162.00 (700 pips)
If the price rebound from the support level, you shall follow the recommendations below:
- Timeframe: H4
- Recommendation: Long Position
- Entry Level: Long Position 180.00
- Take Profit Level: 181.00 (100 pips)
GOLD
A possible short position in the breakdown of the level 1576.00
USDCHF
A possible short position in the breakdown of the level 0.9410
GBPUSD
A possible short position in the breakdown of the level 1.2500
USDJPY
A possible long position at the breakout of the level 106.30