Price action has been narrowing for EOS/USD, however a breakout is very near. EOS bulls are gearing up for a retest of 13th June highs at $11.64, should resistance heading into $11.00 be broken, all can only happen once pennant pattern is breached to the upside. The EOS price was seen trading broadly flat in the latter stages of trading on Thursday, however price action has formed a pennant pattern. EOS/USD trading has been narrowing within the pennant, which from judging by its behaviour, will be subject to an extended potential push higher. EOS/USD has struggled to maintain any ground since dropping from the highs printed on 13th June, when the price managed to be at heights of $11.64, before pushing back south. A supply zone tracking from $10.80-11.00 has kept any upside movement limited. Technically, EOS/USD price action has been tightening up drastically, currently trading within the narrowing pennant ranging at the low of $10.30-10.70. Should the latter be broken, the bulls would need to make a push from resistance heading into $11.00, then EOS/USD can then make a retest at the 13th June highs and beyond. EOS/USD 60-minute chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Wall Street closes with heavy losses weighed by Supreme Court’s sales tax ruling FX Street 3 years Price action has been narrowing for EOS/USD, however a breakout is very near. EOS bulls are gearing up for a retest of 13th June highs at $11.64, should resistance heading into $11.00 be broken, all can only happen once pennant pattern is breached to the upside. The EOS price was seen trading broadly flat in the latter stages of trading on Thursday, however price action has formed a pennant pattern. EOS/USD trading has been narrowing within the pennant, which from judging by its behaviour, will be subject to an extended potential push higher. EOS/USD has struggled to maintain any… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
