Daily Market Analysis 20.01.2023: US100

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
All Day WEF Annual Meetings

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

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