US30 4H tests additional barrier

Yesterday, the index price activated the upward corrective path, compensating for some losses by testing the additional stable barrier near 33090 and settling below it, as is clear in the attached figure.



Therefore, we will continue to wait for the price to succeed in gaining additional negative momentum to facilitate the task of activating the negative attack again. We expect it to soon attack the 32328 level and then attempt to reach the 50% Fibonacci retracement level centered at 31851.

The expected general trend for today: bearish with the stability of the barrier


Pivot Price: 33040
Resistance Price: 334131 & 34005 & 34534
support price: 32328 & 318951 & 31348