Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 11436.55 take profit at 11450.99
Bearish Preference:
A Sell position is envisaged if the price trades below 11352.01 take profit at 11332.42
Fundamentals:
All Day WEF Annual Meetings
Comment:
The dollar hovered around seven-month lows on Friday as a slew of data feeds concern among investors that an economic slowdown could be unavoidable, while a bout of profit-taking forced the yen to retreat.
Analysis: SCRUM Team