US30 Provided a bullish Move only to settle below 42900

US30 Provided a bullish Move only to settle below 42900

US Wall St 30 OANDA:US30USD



US30 provided a bullish move that was anticipated a a result of price hitting a previous low at 42300 support level.

The market makers faked a buy signal at 43000 area only to drop price below 42900 area. Currently price is settled midway between 42900 and 42300.

Price is likely to fall some to at least 42500 before returning bullish again.
Be careful not to take a short at this level as its more risky than a buy unless price gives an entry below 42900 which is unlikely at this point.

Better to look for bullish moves from this area.

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