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Ether / Dollar intraday: rebound towards 1706

2023-10-03
1167

Our pivot point stands at 1651.

Our preference: rebound towards 1706.

Alternative scenario: below 1651, expect 1631 and 1619.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (1664) but below its 50 period moving average (1691).

Supports and resistances:

1730 **

1718 *

1706 **

1694

1670 last

1659

1651 **

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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