NDXUSD

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NDXUSD

The US economy grew by 3.3% above expectations the other day, increasing soft landing scenarios for the Fed. The total interest rate increase expected for this year in swap markets increased to 140 basis points. On the last trading day of the week, Asian stock markets opened negatively due to the decrease in interest in China's market support package, while US index futures started the day with sellers. Today, PCE data, one of the most important data of the week, will be followed on the economic calendar. We are following the 17400 - 17600 region in the short term for the Nasdaq index. As long as the index is below the relevant range, negative expectations are at the forefront. In the continuation of the pullbacks, 17400 - 17300 levels can be followed as support. For positive expectations, the 17600 resistance can be expected to be broken upwards. Exceeding the 17700 level can be expected to confirm positive expectations. Support: 17300 - 17200 Resistance: 17400 - 17600