Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD remains bullish as rally continues 
IOT/USD chart - Trading View
Exchange - Bitfinex
Support: 0.2350 (Apr 26 low); Resistance: 0.2807 (21-EMA)
Technical Analysis: Bias Bearish
IOT/USD trades marginally lower on the day at 0.2560 at 06:00 GMT.
Momentum studies are highly bearish, scope for further weakness.
The pair hovers around major trendline support at 0.2585. Decisive break below will see further downside.
Technical indicators support downside. Price action below cloud and major moving averages.
'Death Cross' (bearish 50-DMA crossover on 200-DMA) to plummet prices further.
GMMA indicator and parabolic SAR support weakness in the pair.
Next immediate support lies at 0.2350 (Apr 26 low) ahead of 0.2075 (Dec 15 2018 low).
5-DMA is immediate resistance at 0.2612. Bearish invalidation only above 200-DMA.
