ETHUSD has broken through a line of 1607.0000 and suggests a possible movement to 1650.5160 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Big movement possible on ETHUSD after a breach of 1607.0000
