Arazmajeed

US30 4H : Sensitive zone

OANDA:US30USD   US Wall St 30
US30

New forecast

In yesterday's trading, the index price maintained its position above the additional stable support at 32891, trying to compensate for some losses by rushing towards 33251. We would like to note that this rebound will not affect the main downward path due to the general stability below the stable barrier at 33250, which contributes to confirming the dominance of the bearish tendency for the upcoming trading. .



Therefore, we recommend waiting for the price to break the stable support at 33155, to open the door to resuming the negative attack, which may initially target 32891 and 32700, respectively .taking into account that stability above 33250 will postponed the bearish attempts and will help the price to reach 33450 , so wait until confirmed one of them resistance line 33250 or support line 33155 .

The expect range trading for today it will be between the resistance line 33250 and support line 32891 .


Additionally Today ,New York sessions and earnings of companies will affect on the Indices .

support line : 33155 ,32891
resistance line : 33251 , 33450

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