Price is seen along a horizontal path on the two exponential moving averages;
the price might go up this week;
traders should trade cautiously within the range.
EOS/USD Long-term Trend: Ranging
Resistance levels: $6.8, $9.4, $11.4
Support levels: $4.1, $2.0, $0.5EOS/USD is consolidating in its long-term outlook. The upper week was bullish but the bullish momentum gradually weakened last week as the bulls have no power to drive past the resistance level of $6.8. This brought the market to the current ranging situation. Price is seen along a horizontal path on the two exponential
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