US30 / Bearish Bias Below 41,030 Amid Key Economic Data Releases

ADP, Unemployment rate, and ISM figures are set to be released today.

The price followed a bullish trend yesterday but has since corrected to the resistance at 41,030.

A sustained position below 41,030 will reinforce the bearish trend, potentially driving the price towards 40,800 and 40,480. Conversely, a 4-hour candle close above 41,030 would signal a continuation of the bullish trend, with targets at 41,180 and 41,345.

These economic reports are likely to have a significant impact on market movements.

Key Levels:
Pivot Point: 41,030
Resistance Levels: 41180, 41345, 41550
Support Levels: 40810, 40690, 40470

Expected Trading Range: 41180 - 40690

Trend: Bearish while below 41030.