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 27397.0000 within the next 5 days.
Important resistance line being approached by US30. This price has been tested numerous time in the last 19 days
