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Dec 18, 2018 9:03 AM

US30 Approaching Support, Potential Bounce! Long

US Wall St 30OANDA

Description

US30 is approaching our first support level at 23323 (100% Fibonacci extension x2, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 24183 (horizontal pullback resistance, 23.6% fibonacci retracement ).

Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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