US30 / UNDER GDP NEWS / 4H
Aktualisiert
US30 / 4H TIME FRAME
HELLO TRADERS
As long as prices remain below the All-Time High (ATH) and confirm the downward trend observed yesterday, the market continues to trade under downward pressure. If prices fail to break above the Adjusted Resistance High (ARH) at 44,950, they are likely to decline further toward 44,514 and 44,170, with a key support level at 43,817. Conversely, breaking above the ATH could suggest a move toward new historical peaks. Overall, the current market is trading within a bearish framework.
HELLO TRADERS
As long as prices remain below the All-Time High (ATH) and confirm the downward trend observed yesterday, the market continues to trade under downward pressure. If prices fail to break above the Adjusted Resistance High (ARH) at 44,950, they are likely to decline further toward 44,514 and 44,170, with a key support level at 43,817. Conversely, breaking above the ATH could suggest a move toward new historical peaks. Overall, the current market is trading within a bearish framework.
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UPDATE
Prices declined by +200 pips yesterday, as previously mentioned. Currently, prices are continuing the downward trend, stabilizing below the all-time high (ATH) of 45,032. This suggests a potential further decline, with targets at 44,514 and 44,170. If prices stabilize below these levels, a deeper decline toward the support level at 43,817 is expected. However, breaking the ATH of 45,032 could indicate the start of a new upward trend.
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