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Crypto Technicals: ETH/USD holds above 21-EMA, weakness only on break below

ETH/USD chart - Trading View 

Exchange - Bifinex

Support: 161.98 (21-EMA); Resistance: 186.95 (Trendline)

Technical Analysis: Bias Neutral to Slightly Bullish

- ETH/USD is trading in a narrow range, bias neutral to slightly bullish
- Price action has edged above 200-DMA for the first time in April
- The pair hit multi-week highs at 187.98 on April 8th and has since seen some pullback
- Retrace has managed to hold above 200-DMA and finds strong support at 21-EMA (currently at 161.97
- Break below 21-EMA will see weakness till 200-DMA. Breach at 200-DMA negates bullishness.
- On the upside, continued upside momentum can see gains till trendline resistance at 186.95

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 766378766378m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 766378766378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 778198778198m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 766378766378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 778198778198m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 766378766378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 766378766378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 766378766378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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