# Crypto Technicals: ETH/EUR downside pauses shy of 200-DMA, bullish divergence on intrday charts keeps scope for upside

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/2690
Published: 2019-07-18T11:02:51.000Z
Updated: 2019-07-18T11:02:51.000Z
Section: Investing

> Support: 162.39 (200-DMA); Resistance: 208.88 (110-EMA)

[ETH/EUR](<https://www.tradingview.com/symbols/ETHEUR/>) chart - Trading View

Exchange - Coinbase

Support: 162.39 (200-DMA); Resistance: 208.88 (110-EMA)

Technical Analysis: Bias Bearish

ETH/EUR pauses downside shy of 200-DMA, further weakness only on break below.

The pair is extending recovery for the 2nd straight session, bias still bearish.

110-EMA is strong resistance at 208.88. Turn in indicators with breakout above 110-EMA could see further upside.

The occurrence of a bullish divergence on RSI and Stochs on the 2H charts raises scope for upside.

Immediate resistance lies at 5-DMA. Decisive break above could see test of 110-EMA at 208. Further gains only on break above.

200-DMA is major support at 162.39. Break below will accentuate downside.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).



## Links in this article

- [ETH/EUR](https://www.tradingview.com/symbols/ETHEUR/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)