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US30 Drops After Breakout
US30 is in a bearish trend and has started a downside move, after a bullish retrace.
Currently, price has approached to the yellow support level, but I personally expect a downside breakout on it because we are facing a strong bearish pressure.
If the yellow level broken out to the downside and price closed a bearish confirmation candle below 35600, we can expect more drop at least to (35380 - 35240) which is a demand zone.
Currently, price has approached to the yellow support level, but I personally expect a downside breakout on it because we are facing a strong bearish pressure.
If the yellow level broken out to the downside and price closed a bearish confirmation candle below 35600, we can expect more drop at least to (35380 - 35240) which is a demand zone.
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