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Ether / Dollar intraday: rebound towards 1698

2023-10-03
653

Our pivot point is at 1645.

Our preference: rebound towards 1698.

Alternative scenario: the downside breakout of 1645 would call for 1625 and 1613.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1671 and 1704).

Supports and resistances:

1722 **

1710 *

1698 **

1686

1660 last

1652

1645 **

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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