US30 Reaches Target, Eyes Key Support and Resistance Levels
Technical Analysis: US30
The price has reached our target of 39360 after stabilizing above the previous support line at 39045.
The price has reached our target of 39360 after stabilizing above the previous support line at 39045.
- Current Outlook:
The price may attempt a retest toward 39045 but should stabilize below 39400 and 39360. - Bullish Scenario:
For a bullish trend, the price needs to break above 39410, aiming for targets of 39575 and 39780. - Bearish Scenario:
Stability below 39360 will support a bearish trend toward 39230, and further decline to 39045. - Key Levels:
- Pivot Line: 39360 - 39410
- Resistance Levels: 39575, 39780, 40050
- Support Levels: 39230, 39045, 38790 - Today's Expected Range:The price is expected to move between the support at 39045 and the resistance at 39575.
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