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June 09, 2025

Trade ideas

US100: Bullish momentum continues!

US100, H4

US100H4090625.png

The asset is in a strong uptrend. The price regularly attempts to break through the resistance level of 21805. The chart also shows an “ascending triangle” pattern. The Parabolic SAR indicator confirms the bullish sentiment.

  • If the asset consolidates above the resistance level of 21805, its growth will continue to 2222.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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FBS Analyst Team

Author: FBS Analyst Team

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