US30 Bearish Correction with Key Resistance at 43890Technical Analysis
The price has risen approximately 210 pips, as mentioned yesterday.
Today, as long as trades remain below 5989, a drop toward 5931 is expected, followed by consolidation between 5931 and 5989 until a breakout.
Alternatively, if a 4-hour candle closes above 5989, it would signal bullish momentum with a potential move towards 6021.
Key Levels:
Pivot Point: 5989
Resistance Levels: 6002, 6021
Support Levels: 5950, 5931, 5891
Trend Outlook: Bearish Correction
previous idea: