Aurum Markets Blog Technical Analysis Breach of important price line imminent by ETHUSD

Breach of important price line imminent by ETHUSD

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ETHUSD is moving towards a key resistance level at 2624.3201. ETHUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Upward sloping Moving Average

Target: 2624.3201 Entry: 2510.13 Stop: 2438.2684

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