Currently, the price is at the 200 . There is a single 4H candle forming at the 200 which is s slight sign of rejection here. This suggests that we could see price reject at the 200 and the support line to move upward toward the resistance long. Following more confirmation by a 4H candle, I would be taking a long position.
However, the 4h candle could be a false signal. Sometimes, the price can break through the and the 200 to become . Should the price break below both the and the 200 , I would take a short position on this pair.
Until then, we wait for confirmation of either a move or a breakout.