Short term Bulls favoured in the US30 battle

US30USD - Intraday - We look to Buy at 26075 (stop at 26000)
Mixed but positive price action has resulted in consecutive, narrow-ranged, sideways trading days. The move higher is mixed and volatile, common in corrective sequences. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals. Further upside is expected and we look to set longs in early trade.
Our profit targets will be 26250 and 26400

Resistance: 26250 / 26400 / 26500
Support: 26075 / 26025 / 25900


For FREE technical analysis , trade ideas, Ask the Analyst feature and much more, sign up to Signal Centre signalcentre.com/free/

تم إغلاق الصفقة يدويًا:

Prices flirted with the stop level and then continued higher to close around 50 pips higher at 21:00.