ETH/USD chart - Trading View
Exchange - Coinbase
Support: 113.50 (Trendline); Resistance: 128.28 (5-DMA)
Technical Analysis: Bias Bearish
ETH/USD bounce off trendline support on Wednesday's trade lacks follow through.
The pair is extending weakness for the second straight session, trades 1.59% lower at 126.14 at 05:40 GMT.
Upside remains capped at 5-DMA which is immediate resistance at 128.28. Price grinds lower along downward sloping 5-DMA.
Major and minor trend remains bearish, scope for retest of trendline support at 113.50.
Price action is currently consolidating below 55H MA. Breach at trendline support will open further downside for the pair.
200H MA is strong resistance at 136.40. Break above 21-EMA (141.55) could change near-term dynamics.


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro- Major Pair levels and bias summary
Gold Loses Steam After Strong U.S. Retail Sales
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 



