NDXUSD

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NDXUSD

US index futures maintained their positive trend ahead of Fed Chairman Powell's speech in the Senate today. The course of European stock markets and Powell's speech can be followed during the day. Powell's statements on inflation and interest rates may have an impact on risk appetite. Technically speaking, as long as the 21 (21190) period exponential moving average currently supports the 20280 - 20185 region, the positive trend may continue. If the upward trend continues, there may be movement towards the 20520 and 20610 levels. In the alternative view, permanent pricing may be needed below the 20380 - 20285 region for the downward trend to become dominant. In this case, movements towards the 20190 and 20060 levels can be monitored. Support: 20380 - 20285 Resistance: 20520 - 20610