Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 11792.31 with take profit at 11842.54
Bearish Preference:
A Sell position is envisaged if price trades below price 11585.91 and take profit at 11542.17
Fundamentals:
No major fundamental
Comment:
The Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.5% lower at 107.50, dropping to the lowest levels since mid-September after losses of more than 2% in the prior session.
Analysis: SCRUM Team