US30 bullish momentum still continues and it does not show any weakness. the price made a breakout above 35500.00 and above 35900.00.The price is heading towards 36400.00 which is the monthly resistance level. We have a confluence of resistance with horizontal resistance lines and two trend lines that now are acting as a resistance.With this counted in I am expecting the price to retrace from 36400.00 down to 35900.00.We have monthly and weekly bullish breakouts which means we also need a confirmation that will return the price down. So 36400.00 is expected as the starting point of the retrace and 35900.00 and 35500.00 as the end point of a retrace.Video Length:00:06:06 More By This Author:US30 Analysis & US30 Week Ahead Forecast – Saturday, November 25
USDX Weekly Technical Analysis – Saturday, November 25
NAS100 Forex Weekly Technical Analysis Today 25.11.2023 #nas100
