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FxWirePro- Woodies Pivot(Major) 
Horizontal trend line- $605
BNBUSD trades weak with intraday bias bearish.
Any daily close above $605 confirms further bullishness.
BNBUSD gained slightly after breaking 200-day EMA. The pair holds below the short-term (34 and 55 EMA) and long-term moving average in the 4-hour. It hit a low of $503 and is currently trading around $519.40.
The bullish invalidation can happen if the pair closes below $403 (Aug 5th low). On the lower side, the near-term support is $519.80 (200-day EMA). Any close below confirms a bearish continuation . A dip to $500/$460/$449 is possible.
The immediate resistance stands at around $553. Any breach above confirms minor bullishness. A jump to $569/$580/$600 is possible. A surge past $605 will take it to $700.
Indicators ( 4- hour chart)
Directional movement index -Bearish
CCI (50)- Bearish
CCI(14)- Bearish
It is good to buy on dips around $500 with SL around $449 for TP of $605.
