ETHUSD has broken through a line of 2272.9600 and suggests a possible movement to 2225.3420 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Supported by Downward sloping Moving Average
Target: 2225.342 Entry: 2261.21 Stop: 2393.8825
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