- ETHUSD declined almost more that 15% from the high of $797 made on May 6th 2018. Ethereum was in lime light once again after market rumor is that US regulators are scheduled to discuss whether to treat crypto currency as a security.
- This might be rumor also as there was not official announcements yet on meeting. The pair has taken support near 100 –day MA and shown a good recovery from that level. The major support is around 655-632 (200- day MA and 55- day EMA) and is acting as demand zone. Any convincing close below this level will drag the pair down till 565/541 (61.8% fib)/452.
- On the higher side, 800 is acting as major resistance any violation above will take the pair to next level till 895/979.
It is good to buy on dips around 655-660 with SL around 560 for the TP of 800/885.


FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/JPY edged higher as dollar gains as peace talks falter
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Major Crypto levels and bias summary 



