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Ether / Dollar intraday: as long as 1587 is support look for 1632


Our pivot point is at 1587.

Our preference: as long as 1587 is support look for 1632.

Alternative scenario: the downside breakout of 1587 would call for 1571 and 1561.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (1602) but above its 50 period moving average (1597).

Supports and resistances:

1651 **

1642 *

1632 **


1602 last


1587 **

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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