The price is below the moving average 20 MA and 200 MA, indicating the downward trend
MACD is below the zero line.
The oscillator Force Index is below the zero line.
If the level of support is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 0.9240
• Take Profit Level: 0.9100 (140 pips)
• Stop Loss Level: 0.9280 (40 pips)
If the price rebound from support level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 0.9290
• Take Profit Level: 0.9400 (100 pips)
• Stop Loss Level: 0.9260 (30 pips)
GOLD
Possible long position at the breakout level 1179
USDJPY
Possible short position at the breakdown level 123.70
EURUSD
Possible short position at the breakdown level 1.1125
GBPUSD
Possible short position at the breakdown level 1.5170
