EOS Technical Analysis: EOS/USD testing key daily supporting trend line

FX Street

Published date: 13 Nov. 2018 | 23:14

EOS price action seen nursing deep losses of some 2.8% in the latter stages of trading on Tuesday.
EOS/USD bears are testing a key daily supporting trend line.

EOS/USD 60-minute chart

Spot rate: 5.311800

Relative change: -2.75%

High: 5.48050

Low: 5.30666

Trend: Bearish

Support 1: 5.29780, daily pivot support.

Support 2: 5.23140, daily support.

Support 3: 5.08850, 31 October low.

Resistance 1: 5.47492, resistance on 60-minute.

Resistance 2: 5.52395, 12 November high.

Resistance 3: 5.62200, 8 November high.

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