US30 approaching support, potential bounce!
US30 is approaching our first support at 24150 (100% Fibonacci extension , 78.6% Fibonacci retracement , Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26262 (100% Fibonacci extension , 78.6% Fibonacci retracement , Horizontal swing low support).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Penafian
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