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ETHUSD – breach of a trending support line that has been tested at least twice before.

ETHUSD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to be around 2808.5685 within the next 10 hours.

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Merck & Co. Inc. has broken through resistance of a Channel Down. It has touched this line at least twice in the last 18 days.

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