US30 is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If US30 continues in its current trajectory, we can expect it to reach 26289.0000 within the next 3 days.
Related Posts
It’s time to make a decision on AUS200 – its recent breach of 7622.0000 could be a sign of a new trend to follow.
AUS200 has broken through a support line. Because we have seen it retrace from this price in the…
Interesting opportunity on FRA40 after breaking 7995.661971830986
You would be well advised to confirm the breakout that has just occurred – do you believe the…
US30 – breach of a trending resistance line that has been tested at least twice before.
US30 moved through the resistance line of a Triangle at 38068.90909090909 on the 15 Minutes chart. This line…