FxWirePro: USD/ZAR hits three-week high after hot U.S. PPI data 
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish 
FxWirePro: USD/CNY bearish outlook persists 
FxWirePro: GBP/AUD hovered near three month low , Outlook bearish 
NZDJPY: Downtrend Favors Sellers After Minor Pullback; Sell on Rallies Advised 
FxWirePro: USD/CNY extends fall as yuan firms on exports, inflation data 
Major Pair Currency Score: EURUSD Extremely Bullish, AUDUSD Bullish, USDCAD Extremely Bearish 
FxWirePro: EUR/NZD advances ahead of ECB meeting and US inflation data 
FxWirePro: GBP/USD gains some ground but bulls lack punch 
EUR/JPY Bearish Bias Persists: Strategic Sell-on-Rally Setup Near 179.30 Target 
FxWirePro- Woodies Pivot (Major) 
Add as a preferred source on Google
ETHUSD lost more than 25% in the past two days following in the footsteps of Bitcoin. It hit a low of $3022 at the time of writing and is currently trading at around $3025..
US recession fears dragged the global financial market globally including crypto market. The surge in US unemployment and declining US ISM PMI increased the recession fears. The rate hike by BOJ also putting pressure on global markets due to yen carry trade.
The intraday bullishness is possible if it holds above $2420.On the higher side, the near-term resistance is $2420 (23.6% fib $3396 and $2116). Any significant jump above the target is $2603/$2800 (support turned into resistance)/$3000. Significant bullish continuation only above $3400
The immediate support is around $2100. Any breach below $2100 confirms bearish continuation. A dip to $1800/$1500 is possible. A violation below $1500 will drag the Ethereum to $1000.
It is good to buy on dips around $2000 with SL around $1800 for TP of $2800.
