- Major resistance - $600
- BTC/USD has formed the temporary top around $594 and declining from that level. It is currently trading around $581.
- The pair is facing psychological resistance around $600 and the break will take the pair till $630 (161.8% retracement of $502 and $294)/654/$773 in the short term.
- Short term bullishness can be seen only above the temporary top ($600).
- On the downside minor support is around $568 (7 day EMA) and any break below targets $550 (daily Tenken-Sen)/$ 525/$490 (61.8% retracement of $435 and $588.50)/$470 (resistance turned into support).
- Short term trend reversal only below $435 (20 th May low).
It is good to sell on rallies around $580-$585 with SL around $605 for the TP of $550/$525/$505


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major Crypto levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



