InvestingScope
Short

Lower High made on 1W. Approaching 4.6650.

BITFINEX:EOSUSD   EOS / Dollar
EOSUSD made a new Lower High at 6.30 on the 1W Channel Down ( RSI = 43.105, MACD = -0.739, Highs/Lows = -0.5518, B/BP = -2.3654) and was rejected under the technical selling pressure of the 0.786 Fibonacci retracement level. We expect a quick test of the 4.6650 support, followed by our targets: 3.8925 and 1.6921 in extension.
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