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Ether / Dollar intraday: as long as 1586 is support look for 1630


Our pivot point stands at 1586.

Our preference: as long as 1586 is support look for 1630.

Alternative scenario: the downside breakout of 1586 would call for 1569 and 1560.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (1602) but above its 50 period moving average (1579).

Supports and resistances:

1649 **

1640 *

1630 **


1600 last


1586 **

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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