EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon 
FxWirePro- Major Crypto levels and bias summary 
Upbeat UK GDP Fails to Lift GBP/JPY as Bears Target 207 
NZDJPY Consolidates, Resistance at 90.78 May Signal Favorability for Downtrend 
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish 
FxWirePro: EUR/NZD eases after hot US CPI data 
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000 
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely 
Add as a preferred source on Google
ETH/USD chart - Trading View
Exchange - Coinbase
Support: 263.51 (38.2% Fib); Resistance: 297.68 (5-DMA)
Technical Analysis: Bias Bearish
ETH/USD trades 5.44% lower on the day at 277.92 at 10:40 GMT.
The pair has retraced higher from session lows at 127.12, bias remains bearish.
Price action has broken below 21-EMA which was providing strong support for the past few sessions.
Technical indicators support further weakness. Stochs and RSI are sharply lower and RSI has slipped below 50 mark.
Bearish divergence on RSI and Stochs adds to the downside bias. MACD is showing a bearish crossover on signal line.
'Shooting Star' formation on the weekly charts keeps scope for weakness. Immediate support is seen at 38.2% Fib at 263.
Break below 38.2% Fib will see weakness till 55-EMA at 258.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
