TRX/USD chart - Trading View
Exchange - Binance
Support: 0.0293 (55-EMA); Resistance: 0.0325 (20-DMA)
Technical Analysis: Bias Neutral
TRON is extending decline from 11-month highs at 0.04156 hit on Jun 2nd trade.
The pair has slipped below 21-EMA and is holding support at 55-EMA at 0.0293.
Technical indicators have turned slightly bearish. Scope for weakness.
Stochs and RSI are sharply lower and 5-DMA has turned. RSI has slipped below the 50 mark.
Furthermore, a 'Bearish Engulfing' candlestick pattern on the weekly charts aids downside bias.
Break below strong support at 55-EMA opens up further downside.
Next major support lies at daily cloud at 0.0272 ahead of 0.0227 (rising trendline).
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
FxWirePro: USD/CAD bulls continue to hold the higher ground
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



