Instrument: US2000
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1920.6 with take profit at 1925.8
Bearish Preference:
Sell position is envisaged if price trades below price 1902.7 with take profit at 1895.2
Fundamentals:
No Major Fundamental
Comment:
Central banks around the globe have started to respond to soaring inflation by tightening monetary policy, which had been very loose in the wake of the COVID-19 pandemic.
Analysis: SCRUM Team