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US30 might fall and here is why

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CURRENCYCOM:US30   None
Trend Analysis dowjones dowjonesanalysis US30 nasdaq NASDAQ 100 CFD nasdaq100 US WALL ST 30
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trendanalysis dowjones dowjonesanalysis us30 nasdaq nas100 nasdaq100 us30usd
US30 might fall back to 33476. Price is trading within a descending channel and price has reached the resistance of this channel. Because of the strong downward momentum it can be difficult for bulls to push price up beyond this resistance. I expect price to fall.


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