US30 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 40066.8211 may materialize within the next 6 days.
Related Posts
US30 broke through a resistance at 2024-06-26T17:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 39633.1649.
The breakout of US30 through the resistance line of a Falling Wedge could be a sign of the…
UK100 – approaching a price line that has been previously tested numerous times in the past
The price of UK100 in heading back to the support area. It is possible that it will struggle…
Supports and resistances are primary concepts of technical analysis. FRA40 is heading for an important price of 7618.0000 – read about what this could mean for the future.
FRA40 is moving towards a support line. Because we have seen it retrace from this level in the…