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Crypto Technicals: TRON breaks consolidation, extends gains above daily cloud

TRX/USD chart - Trading View 

Exchange - Binance

Support: 0.0256 (50-DMA); Resistance: 0.0315 (trendline)

Technical Analysis: Bias Bullish

TRON has broken out of consolidation phase, could build upside momentum

TRX/USD trade had been capped between 200 and 50 day moving averages

Price action has now broken above 50-DMA and has edged above daily cloud

Volatility is rising as indicated by widening Bollinger Bands, Stochs and RSI are sharply higher

Scope for upside till 0.0315 (trendline resistance) and then 0.0327 (Apr 8th high)

Failure at daily cloud will see retrace till 50-DMA at 0.0256. Break below 200-DMA to see major downside

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex. 
 

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June 19 03:00 UTC Released

NZRBNZ Offshore Holdings

Actual

51.3 0

Forecast

Previous

51.2 0

June 18 23:50 UTC Released

JPTrade Balance Total Yen

Actual

-967.1 Bln JPY

Forecast

-979.2 Bln JPY

Previous

60.4 Bln JPY

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 737777737777m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 737777737777m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 725957725957m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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