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NEO/USD chart - Trading View
Exchange - Binance
Support: 10.65 (50-DMA); Resistance: 11.43 (cloud top)
Technical Analysis: Bias Bullish
NEO/USD has paused upside at daily cloud top, bias remains bullish
The pair has edged lower from session highs at 11.48 and was trading at 11.08 at 11:45 GMT
A spinning top formation seen on daily charts suggest some consolidation
Price action is holding support at 50-DMA at 10.65 and weakness liekly on break below
Bias remains bullish Stochs and RSI are sharply higher and volatility is rising
Breakout above daily cloud to see further gains, next bull target is 12.18 (Upper BB on weekly charts)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
