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After testing 38794.0000 numerous times, US30 is once again approaching this price point. Can we expect a bullish trend to follow?

US30 is heading towards 38794.0000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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Supports and resistances are primary concepts of technical analysis. LTCAUD is heading for an important price of 109.8300 – read about what this could mean for the future.

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AUD/USD moves higher to 0.6499 in the last 2 days.

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