US30 Bullish Trend with Key Support at 38,790
Technical Analysis: US30
The price trend for US30 is currently bullish, targeting 39,050 as long as it remains above 38,790. There is also the possibility of a price correction down to 38,790.
The price trend for US30 is currently bullish, targeting 39,050 as long as it remains above 38,790. There is also the possibility of a price correction down to 38,790.
- Bullish Scenario:
As long as the price trades above 38,790, it will likely push up to 39,050. - Bearish Scenario:
If the price breaks below the support level at 38,790, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400. - Key Levels:- Pivot Line: 38,790
- Resistance Levels: 39050, 39350, 39700
- Support Levels: 38580, 38400, 38290 - Today's Expected Range:
The price is expected to move between the support level at 38,790 and the resistance level at 39,050.
In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones.
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