ETH/USD chart - Trading View
Exchange - Bitfinex
Support: 157.14 (cloud top); Resistance: 172.50 (Trendline)
Technical Analysis: Bias slightly bullish
- ETH/USD upside has paused at 20-DMA
- The pair has slipped lower from session highs at 166.35 and is currently trading at 164.55
- Price action has bounced off support at 200-DMA in the previous week's trade
- Cloud offers strong support at 157.14, weakness likely on break below
- Break above 20-DMA targets 172.50 (trendline resistance), further upside will see test of upper BB at 177
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


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