Stay 
Trading Conditions
Products
Tools
[Uniswap]
With RSI(144) condition in the Neutral-Bearish area and EMA(950) & EMA(200) which forming a Death Cross, It can be confirmed that today Uniswap is under pressure from sellers to at least reach its nearest support level.
Key Levels
1. Resistance. 2 : 5.986
2. Resistance. 1 : 5.740
3. Pivot : 5.558
4. Support. 1 : 5.312
5. Support. 2 : 5.130
Tactical Scenario
Pressure Zone: If the price breaks down below 5.312, there is potential for weakness to 5.312.
Momentum Extension Bias: If 5.312 is also broken to the downside, Uniswap may continue weakening toward 4.884.
Invalidation Level / Bias Revision
The downside bias is restrained if Uniswap unexpectedly strengthens and breaks and closes above 5.986.
Technical Summary
EMA(50) : 5.546
EMA(200): 5.764
RSI(14) : 55.31
Economic News Release Agenda:
Tonight, when the U.S. session opens, the following economic data will be released:
US - Average Hourly Earnings m/m - 20:30 WIB
US - Non-Farm Employment Change - 20:30 WIB
US - Unemployment Rate - 20:30 WIB
US - Building Permits - 20:30 WIB
US - Housing Starts - 20:30 WIB
US - Prelim UoM Consumer Sentiment - 22:00 WIB
US - Prelim UoM Inflation Expectations - 22:00 WIB
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
