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 19.4900
• Take Profit Level: 19.3600 (1300 pips)
If the price rebound from support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 19.6400
• Take Profit Level: 19.7000 (600 pips)
USDCHF
A possible short position in the breakdown of the level 0.9910
USDJPY
A possible short position in the breakdown of the level 107.30
EURUSD
A possible long position at the breakout of the level 1.1020
GBPUSD
A possible short position in the breakdown of the level 1.2190
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 19.4900
• Take Profit Level: 19.3600 (1300 pips)
If the price rebound from support level, you shall follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 19.6400
• Take Profit Level: 19.7000 (600 pips)
USDCHF
A possible short position in the breakdown of the level 0.9910
USDJPY
A possible short position in the breakdown of the level 107.30
EURUSD
A possible long position at the breakout of the level 1.1020
GBPUSD
A possible short position in the breakdown of the level 1.2190