US30 fall after growth

٨ يناير ٢٠٢١

My previous forecast came true. The price rose to resistance.

The price is moving in an uptrend.
The beginning of the trend was in November from support 28968.
At the beginning of the week, the price broke through the support line 30654 during the growth.
It continued to grow and is now in the area of the resistance line.
I expect the price
- touches the resistance line 31434.
- Will fall back to support.
The target is 30782.

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