http://www.fxwirepro.com/data/charts/R2(BTCEUR).png.pngBTC/EUR has broken major support 220 and declined till 206. Overall trend is weak as long as resistance 225 holds.
On the upside minor resistance is around 223 and any break above would extend gains till 235/240 in short term. The pair's short term support is around 212 and any break below will extend loss till 200/193.
Indicators (4 Hour chart)
Woddies CCI (14) - Sell
CCI (50)- Sell
We prefer to Sell BTC/EUR around 217 SL 225, Target 208/200.
(Source:
www.fxwirebeat.com/news)
