The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. 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 19.0000 • Take Profit Level: 18.9000 (1000 pips)
If the price rebound from support level, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 19.8000 • Take Profit Level: 19.8500 (500 pips)
USDCHF A possible short position in the breakdown of the level 0.9990
USDJPY A possible short position in the breakdown of the level 111.10
EURUSD A possible long position at the breakout of the level 1.1360
GBPUSD A possible long position at the breakout of the level 1.3300
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
