Tendency , the price is under bearish pressure , until trading below 40,884 .
TURNING LEVEL (1) : the price of this level at 40,884 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 40,665 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 41,351 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 41,755 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) .
SUPPORT LEVEL (1) : this level around 40,315 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 39,954, for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 19,044 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).
MY GOAL : support level (1) at 40,315
TARGET LEVEL :
RESISTANCE LEVEL : 41,351 , 41,755 .
SUPPORT LEVEL : 40,315 , 39,954.
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UPDATE US30 as mentioned the price is under bearish pressure , yesterday dropping +190pip , know until the price trading below turning level indicates it will trying to reach support level (1) , beware breaking turning level by open 4h candle above this level reach a resistance level (1) .