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Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 35052 with take profit at 35108.
Bearish Preference:
Sell position is envisaged if price trades below 34922 with take profit at 34864.
Fundamentals:
4:00pm USD Prelim UoM Consumer Sentiment
Comment:
The dollar swung in choppy trade on Thursday after U.S. consumer prices rose higher than forecast in January, leading markets to boost expectations for the Federal Reserve to aggressively fight soaring inflation.
Analysis: SCRUM Team
