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07.03.2023 06:39 PM
Can ETHUSD Drop to 1512?

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Price is in a bearish channel and a reversal from 1591 could see prices drop all the way to 1512 which is a strong overlap support.

Do watch out for intermediate support at 1543 which is a strong overlap support too - that level needs to be broken to trigger a bigger move down.

Dean Leo,
Analytical expert of InstaForex
© 2007-2024
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