Daily Market Analysis 29|07|2020: US30July 29, 2020 2020-07-29 8:20
Daily Market Analysis 29|07|2020: US30
Buy position is envisaged if price trades above 26358 with take profit at 26427.
Sell position is envisaged if price trades below 26271 with take profit at 26196.
7:00pm USD FOMC Statement Federal Funds Rate
Comment: The US seems to be in a race to complete details of a $1 trillion coronavirus rescue package before the enhanced unemployment benefits expire on Friday. Therefore Price is expected to continue its bullish run after bouncing off a support.
Analysis: SCRUM Team