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XMR/USD chart - Trading View
Exchange - Binance
Support: 88.93 (5-DMA); Resistance: 113.89 (78.6% Fib)
Technical Analysis: Bias Bullish
XMR/USD holds 21-EMA support, bias remains bullish.
The pair has paused upside at 61.8% Fib at 97.53, breakout above could see further gains.
Momentum with the bulls, Stochs and RSI are sharply higher.
But 'Bearish Divergence' could limit upside in the pair.
Next bull target above 61.8% Fib lies at 78.6% Fob at 113.89.
5-DMA is immediate support at 88.92. Break below 21-EMA could see further weakness.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
