The US30 pair has been experiencing a decline on the M15 timeframe, with a clear bearish momentum evident in the recent candlestick pattern. The price action has been oscillating within a descending channel, with the 20-period moving average serving as resistance. The recent candlestick formation indicates a potential reversal, as the price is approaching the lower boundary of the channel. The volume has been decreasing, indicating a weakening of the buying pressure, which supports the bearish thesis. The market is expected to continue its downward trajectory, with potential support around the 49150 level. A break below this level could trigger…

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