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FxWirePro: ETH/USD trades just shy of 300, close above to see further upside

(Refer ETH/USD chart on Trading View)

ETH/USD is struggling for a decisive break above 300 levels.

It is currently trading in the green on Thursday at 294 levels at the time of writing (Coinbase).

On the topside, a close above the key psychological levels of 300 would see the pair testing 320 (10-DMA)/361 (21-EMA)/374 (20-DMA)/400.

On the downside, support is seen at 280 (1h 50-SMA) and a break below would drag it to 251 (lower Bollinger)/ 237 (113% extension of 828.97 and 305.14)/200.

On the daily chart, RSI and stochs appear on the verge of a rollover from oversold levels.

A close above 300 levels, along with other bullish technical indicators, could see minor upside in the pair.

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November 19 21:00 UTC Released

KRPPI Growth

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-0.4 %

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0.3 %

November 19 21:00 UTC Released

KRPPI Growth YY

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2.2 %

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2.7 %

January 31 00:00 UTC 421782421782m

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January 22 19:00 UTC 433602433602m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 421782421782m

ARAnnual Primary Balance*

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2016 bln ARS

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January 22 19:00 UTC 433602433602m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 421782421782m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 421782421782m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 421782421782m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

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