From a technical point of view, however, EOS / USD remains below the daily Ichimoku cloud and has not been able to break
above the immediate resistance level of $ 7.
Stop Loss for Sell Entry: Place stop loss 2 pips
above immediate resistance or above the ascending triangle.
Not exact matches
Elsewhere, EUR / JPY which is another highly traded pair, was ended at 130.921 and is expected to meet
immediate resistance at 132.644 and any surge
above this level would trigger bullish trend upto 133.846, on downside,
immediate support is seen at 130.098 and any move below this level, would extend losses upto 128.754.
Bitcoin Cash has steadied
above $ 1,000 threshold, but the upside is capped by the
immediate resistance produced by 21 - DMA at $ 1,080.
IF we see price close
above resistance, we'll jump in long towards an
immediate upside target of 6190.
If we see price close
above resistance, we'll jump in long towards an
immediate upside target of 6200.
Standard breakout rules apply for the session, so we will look for a close
above resistance to validate an
immediate upside target of 4350.