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ETHUSD keeps moving closer towards 2864.6399. Will it finally breach this level?

ETHUSD is moving towards a line of 2864.6399 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If ETHUSD continues in its current trajectory, we may see it move towards 2864.6399 within the next 20 hours.

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USD/CHF is approaching 0.9089. We expect either a breakout through this line, or a rebound.

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