Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38600 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38600 support and resistance zone.
Fundamentally we would like to consider the current strong macro context of the dollar as the top performer of the week. noticing also that Dowjones is often in a negative correlation with the dollar so a strong dollar should be heavy on US30.
Trade safe, Joe.
Fundamentally we would like to consider the current strong macro context of the dollar as the top performer of the week. noticing also that Dowjones is often in a negative correlation with the dollar so a strong dollar should be heavy on US30.
Trade safe, Joe.
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