• Dec 17, 2024
  • Trade ideas

US30: Navigating The Channel

US30, Daily

US30Daily.png

US30 navigates within an ascending channel and aims to retest its lower border.

The RSI oscillators cross the 50-line, while the Alligator's lips cross the jaw, signaling a decline to the 43400 support.

  • If the price bounces from the 43400, it will rise to the 45100 level.
  • However, if US30 breaks below the 43400, the asset may fall to 41700.
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Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Author: Timur Yurdagyul