US30 - Under ADP Pressure

US30

The price reached their resistance which is 38790 after realizing Job opening negatively,

Today the market will move under ADP pressure which expected with Negativity for USD, that means will support more bullish for indices

However, the price will try to do a retest till 38580 and then will consolidate between 38580 and 38790 till breaking.

Bullish scenario: stability above 38790 means uptrend to get 39050 and 39350

Bearish scenario: the price should break 38580 to get 38400 and then stability under 38400 means will be a downward area.

Pivot line: 38790
Resistance line: 39050, 39360, 39780
Support line: 38580, 38400, 38050

Today’s movement will be between support 38400 and Resistance 39350

تعليق:

the price retested their support line and pushed up so the next bullish station is 39050, should break this line to continue the bullish trend otherwise will move between 39050 and 38790 till breaking