US30 has broken through a resistance line. It has touched this line at least twice in the last 32 days. This breakout may indicate a potential move to 34332.1405 within the next 5 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
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Breach of support could mean a start of a bearish trend on US30
US30 moved through the support line of a Rising Wedge at 39688.916666666664 on the 1 hour chart. This…