Instrument: US2000+
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1781.1 with take profit at 1789.3
Bearish Preference:
Sell position is envisaged if price trades below 1745.1 with take profit at 1734.8
Fundamentals:
No major fundamental
Comment:
The U.S. dollar edged higher in early European trading Wednesday, bouncing from a two-week low, while sterling slipped back after U.K. inflation jumped to a 40-year high. The minor gains in the U.S. currency Wednesday stopped the recent correction from its multi-decade peak.
Analysis: SCRUM Team