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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
© 2007-2023
USDCHF, H4 | Rally to 1st resistance??
The USD/CHF chart displays a bullish momentum, indicating an upward trend. The price being above the bullish Ichimoku cloud and a major ascending trend line contributes to this positive sentiment. Given the bullish momentum, there is a possibility of a bullish bounce from the first support level.
Author: Dean Leo
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GBPUSD , H4 | React off Resistance?
The GBP/USD chart currently shows a bearish momentum, suggesting a downward trend. There is a possibility of a bearish reaction from the first resistance level, leading to a decline towards the first support level. The 1.2376 level is a significant support area, previously attracting buyers. The.
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EUR/USD , H4 | Falling to 1st support?
The EUR/USD chart shows a bearish momentum as the price remains below a major descending trend line and the bearish Ichimoku cloud. This indicates a presence of bearish pressure in the market. There is a likelihood of a bearish reaction at the first resistance level, which could lead to a decline.
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