The price is below the moving average MA 200 and 20 MA, indicating the downward trend. The 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 105.40 • Take Profit Level: 104.40 (100 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 106.00 • Take Profit Level: 106.60 (60 pips)
GOLD Possible long position at the breakout level 1336.50
GBPUSD Possible long position at the breakout level 1.4180
EURUSD Possible short position in the breakdown of the level 1.2300
USDCHF Possible short position in the breakdown of the level 0.9450
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