NDXUSD

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NDXUSD

Markets have optimistically priced the US inflation data that came in line with expectations before the Fed interest rate decision. The projections to be announced after the Fed interest rate decision today will be monitored for pricing behavior in the indices. As long as it moves above the 16300-16430 region, positive expectations come to the forefront. The 16650-16740 levels can be followed as resistance. In the downward corrections from the peak levels, if it falls below the 16300-16430 range and closes below the range, the 16200-16020 levels can be followed as support. Support: 16200-16020 Resistance: 16650-16740