Daily Market Analysis 18/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15030.96 with take profit at 15039.28. Bearish Preference: Sell position is envisaged if price trades below 14992.66 with take profit at 14982.24. Fundamentals:7:00pm    USD FOMC Meeting Minutes Comment: The dollar edged lower in Europe Wednesday, but remained at elevated levels with global growth concerns, caused by the ongoing …

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