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 343.00
• Take Profit Level: 338.00 (500 pips)
If the price rebound from the support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 347.50
• Take Profit Level: 349.00 (150 pips)
USDCHF
A possible short position in the breakdown of the level 0.9835
USDJPY
A possible long position at the breakout of the level 108.70
EURUSD
A possible long position at the breakout of the level 1.1180
GBPUSD
A possible long position at the breakout of the level 1.3010
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 343.00
• Take Profit Level: 338.00 (500 pips)
If the price rebound from the support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 347.50
• Take Profit Level: 349.00 (150 pips)
USDCHF
A possible short position in the breakdown of the level 0.9835
USDJPY
A possible long position at the breakout of the level 108.70
EURUSD
A possible long position at the breakout of the level 1.1180
GBPUSD
A possible long position at the breakout of the level 1.3010