Let’s see what’s going on with EOS on the Hourly chart. The currency pair has jumped off $12.80 support area on Monday and moved higher. EOS/USD has crossed $13.45 resistance area and touched the next one at $14.11, but failed to cross it. EOS fluctuates close to the support area at $13.45 in the moment of writing. What are the possible ways for EOS/USD?
1. Red scenario (bearish). The currency pair will cross the current support area at $13.45 and move lower, aiming at the ascending trend line and the support area at $12.80.
2. Orange scenario (neutral). EOS will stay inside the range, limited by the resistance area at $14.11 and the support area at $13.45 without significant changes.
3. Green scenario (bullish). EOS/USD will breach the resistance area at $14.11 and run higher towards the next resistance area at $14.69.
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