US30 Waiting to the INTERST RATE

US30

The price reached the support line which is 34620 and broke it

Stabilizing under 34625 has a bearish trend to get 34500 and under it will be 34370 and 34110
But otherwise, stabilizing above 34670 the trend will be bullish to get 34370

NOTE:
The FED decision will affect the market, rising 0.25% it means will support bearish till 34370,
Decreasing the rate or like the previous rate will support rising till 34850


Pivot line: 34620
support price: 34500 & 34370 & 34110
Resistance Prices: 34760 & 34920 & 35040

the movement range will be between 34110 and 34770

評論:

reach the target and dropped strongly due to the FED rate being 5.50% and that will mean still the CPI is difficult to decrease it