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Big movement expected on ETHBTC after a breach of 0.0198

ETHBTC has broken through a line of 0.0198 and suggests a possible movement to 0.0193 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.

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We expect PL to trend upwards today.

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We expect a 45 pip movement on DX for the next 4 hours.

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