Technical analysis USA.30 for 14.06.2024

The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 38550. The closest resistance is the level 38675

Key levels

• 39000, 38800, 38675, 38550, 38400

Trading scenario

• Recommended opening short positions (Sell Stop) from the level of 38550, with Take Profit of 38400 and Stop Loss of 38675

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 38675, with Take Profit of 38800 and Stop Loss of 38550