DOLLAR INDEX
The prices are trading at the lower boundary of an ascending channel around the levels of 103.75-103.90. It is likely to resume the upward trend, targeting the area of 105.70/106. This scenario is invalidated if the previously mentioned support zones are broken to the downside.
Support |
103.9 | 103.70 | 103.4 |
Resistance | 104.8 | 105.25 |
105.70 |
EURUSD
The EUR/USD pair has broken through a significant resistance area, and the corrective movement to the upside is likely to resume, targeting the area of 1.0900. This scenario is invalidated if the price falls back below the support zone at 1.0785.
Support |
1.0800 | 1.0785 | 1.0750 |
Resistance | 1.0835 | 1.0900 |
1.0935 |
NASDAQ
The prices have broken below the support zone at $17,650, and in this scenario, we may test the second support area at $17,100. This scenario would be invalidated with a renewed breakout above $17,650.
Support |
17650 | 17450 | 17370 |
Resistance | 18000 | 18200 |
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