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Crypto Technicals: DASH/USD capped between major EMAs, breakout to provide clear directional bias

DASH/USD chart - Trading View 

Exchange - Binance

Support: 140.78 (50-DMA); Resistance: 150.91 (21-EMA)

Technical Analysis: Bias Neutral

DASH/USD has bounced off 50-DMA support, bias neutral to slightly slightly bearish.

The pair is consolidating previous sessions' gains, trades slightly lower at 149.05 at 07:50 GMT.

Price action remains capped between 21-EMA and 50-DMA, sideways grind likely.

Major trend remains higher. Breakout on either side will provide a clear directional bias. 

Stochs are in oversold territory, but no major signs of reversal seen. 'Bearish divergence' on Stochs and RSI keeps scope for further downside. 

Break below 50-DMA will see dip till 110-EMA at 128. Break above 21-EMA eyes 170 mark. 

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

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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 785968785968m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 785968785968m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 774148774148m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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