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 5.2600 • Take Profit Level: 5.1500 (1100 pips)
If the price rebound from support level, you shall follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 5.3500 • Take Profit Level: 5.3600 (100 pips)
GOLD Possible short position in the breakdown of the level 1220.00
USDJPY Possible short position in the breakdown of the level 112.70
EURUSD Possible short position in the breakdown of the level 1.1330
GBPUSD Possible short position in the breakdown of the level 1.2800
Be a Step Ahead!
To receive new articles instantly Subscribe to updates.
