US30: Historic High Retest – Action Forex

US30, Daily

In the Daily timeframe, US30 rose again after a small correction and almost reached the ATH. The price is preparing to test the critical level and the broken global trend line. However, the CCI is ready to come out of overbought, and the price crossed the upper Bollinger line.

• A break of the trendline above 45100 will open the way for a rise to 47200, corresponding to 161.8 Fibonacci;
• A bounce off the trendline will take US30 back to 43800;