- EOS is seen nursing minor losses on Wednesday of 0.55% in the latter stages of the trading session.
- EOS/USD price action has formed triangular pattern, subject to a breakout to the downside.
EOS/USD 60-minute chart
Spot rate: 4.9481
Relative change: -0.76%
High: 4.9967
Low: 4.7700
Trend: Bearish
Support 1: 4.9267, 50 & 100MA.
Support 2: 4.8015, lower part of triangular pattern.
Support 3: 4.7670, demand zone.
Resistance 1: 5.0000, upper part of triangular pattern.
Resistance 2: 5.1065, supply area.
Resistance 3: 5.3135, 7th September high.