NEO/USD chart - Trading View
Exchange - Bitfinex
Support: 9.73 (July 17 low); Resistance: 11.26 (200-DMA)
Technical Analysis: Bias Bearish
NEO/USD is consolidating break below 200-DMA, scope for further weakness.
The pair is extending weakness for the 3rd straight session, trades 2.65% lower at 10.23 at 09:00 GMT.
Technical indicators support further downside. Stochs and RSI are sharply lower and RSI is well below 50 mark.
MACD, parabolic SAR and GMMA indicator suggest continuation of downtrend.
Volatility is rising on the intraday charts and recovery attempt has failed at 200-DMA resistance.
The pair is testing major trendline support at 10.23. Break below will see dip till 9.73 (July 17th low) ahead of 78.6% Fib at 8.75.
200-DMA is now strong resistance at 11.26. Breakout above will negate near-term bearishness.


FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro- Major Crypto levels and bias summary
Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
Upbeat UK GDP Fails to Lift GBP/JPY as Bears Target 207
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside 



