NDXUSD

Fed Chair Powell's cautious statements have not yet been enough to move US indices away from record areas. Following Fed Chair Powell's presentation to the Financial Services Committee during the day, June inflation will be monitored tomorrow. 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, movement towards the 20520 and 20610 levels may occur. 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