- BTC/EUR has broken strong support at 1H 100-SMA at 9100, intraday bias lower.
- Technical studies on hourly charts are bearish. The pair has taken support at 8950 (trendline).
- Price action rages below major EMAs on the daily chart. RSI is weak below 50 levels and we see -ve DMI dominance.
- Break below 8950 will see further weakness. Scope then for test of 8460 levels (major trendline) ahead of 8100.
- On the flipside, the pair finds stiff resistance at 100-DMA at 9532, decisive break above invalidates bearish bias.
Recommendation: Good to go short on break below 8950, SL: 9125, TP: 8460/ 8100/
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/CNY hits 15-month low , scope for further downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/CAD dips below lower range, bearish bias increases 



