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FxWirePro- Major Pair levels and bias summary 
- BTC/EUR is trading in a narrow range, holds above major trendline support at 7670.
- The pair had been in a consolidation phase after break below 100-DMA.
- Price action has now broken consolidation and has resumed weakness.
- Technical studies are biased lower. RSI and Stochs support downside. We see -ve DMI dominance.
- Break below major trendline support at 7670 could see test of 200-DMA at 6503.
- On the flipside, 5-DMA at 8746 is immediate resistance. Break above could see minor upside till 20-DMA.
Support levels - 7670 (trendline), 6503 (200-DMA), 5488 (78.6 % Fib retrace of 2502 to 16457 rally)
Resistance levels - 8760 (5-DMA), 9479 (50% Fib), 9592 (100-DMA)
Recommendation: Good to go short on break below 7670 (trendline), SL: 8800, TP: 6500/ 6000/ 5500.
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