NEO/USD chart - Trading View
Exchange - Bitfinex
Support: 11 (200-DMA); Resistance: 11.38 (5-DMA)
Technical Analysis: Bias Bearish
NEO/USD grinds sideways along 200-DMA support. Break below will open up downside.
Technical studies have turned bearish on the daily charts.
Price action is well below cloud and major moving averages.
GMMA shows shift in trend with Short-term moving averages breaking below the Long-term MAs.
Further, we notice compression in the Longer-term moving averages with a shift lower suggesting downside.
The pair was unable to extend upside after 'Hammer' on July 28th trade. 'Doji' formation hampers upside.
Break below 200-DMA support (11.00) will open up downside. Next major support lies at 9.95 (trendline) ahead of 78.6% Fib at 8.75.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/NZD reverses course, bias back to downside
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro: GBP/USD stuck in range but maintains bearish bias
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro- Major European Indices 



