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Daily Market Analysis 22.06.2023: US30

Instrument: US30

Bullish Preference: 
Buy position is envisaged if price trades above 34209 with take profit at 34258.
Bearish Preference: 
Sell position is envisaged if price trades below 34080 with take profit at 34022.
Fundamentals:
3:00pm
USD Fed Chair Powell Testifies

Comment: 
The Dow closed lower Wednesday as investors continued to hit pause on tech after Federal Reserve Chairman Jerome Powell talked up the need to resume rate hikes later this year.

Analysis: SCRUM Team

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