Aurum Markets Blog Technical Analysis A potential bullish movement on ETHUSD

A potential bullish movement on ETHUSD

A potential bullish movement on ETHUSD post thumbnail image

The price of ETHUSD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Supported by Upward sloping Moving Average

Target: 2280.48 Entry: 2235.47 Stop: 2218.242

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