The breakout of US30 through the 28411.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of US30 to test 28195.4004 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Support line breached by NAS 100. This price has been tested at least twice before.
NAS 100 has broken through a support line. It has touched this line at least twice in the…
If you’re long DAX 40 you should be aware of the rapidly approaching level of 23798.8008
DAX 40 is about to retest a key horizontal support level near 23798.8008. It has tested this level…
FTSE 100 through 9092.328823529411. Is this a confirming a breakout? Will it continue its path in the current trend toward 9111.6839?
FTSE 100 has broken through a resistance line. It has touched this line at least twice in the…