- ETH/EUR is trading in an extremely narrow range around 5-DMA at 237 levels.
- Price action in the pair remains below cloud and major moving averages.
- Further downward slopping moving averages keep downside bias intact.
- Momentum studies are highly bearish and MACD is well below the zero mark.
- We see no major signs of reversal and next major support lies at 220 (Aug 14 low).
- Break below 220 will raise scope for test of 158 (converged trendline and 113% Fib).
- On the flipside, 21-EMA is strong resistance at 276 levels. Break above to see further upside.
Support levels - 220 (Aug 14 low), 200, 158 (converged trendline and 113% Fib)
Resistance levels - 237 (5-DMA), 276 (21-EMA), 281 (Aug 18 high)
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at 27.0931 (Neutral) at 1030 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CAD bulls continue to hold the higher ground
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place 



