🔹 The index broke below a key support zone yesterday and is now consolidating between 44,720 USD and 44,620 USD.
1️⃣ If bullish momentum leads to a break and close above 44,740 USD, the price may retest the 44,970 USD zone.
2️⃣ However, if the price breaks below 44,600 USD and holds, a decline toward 44,350 USD is likely.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
1️⃣ If bullish momentum leads to a break and close above 44,740 USD, the price may retest the 44,970 USD zone.
2️⃣ However, if the price breaks below 44,600 USD and holds, a decline toward 44,350 USD is likely.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.