NDXUSD

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NDXUSD

The Fed indicated that an interest rate cut could occur in September. On the other hand, Meta was priced upwards due to a better-than-expected balance sheet and strong expectations for the future. In addition, the positive atmosphere in chip manufacturers continues after the AMD balance sheet. Following this situation, unemployment benefit applications and ISM manufacturing PMI data can be monitored during the day for the Index that recovered. When we evaluate technically, as long as the downward demand is limited in the 19440 - 19355 region, the positive trend can continue. If the upward demand continues, there may be a movement area towards the 19620 and 19750 levels. In the alternative view, permanent pricing may be needed below the 19440 - 19355 region for the downward trend to become dominant. In this case, movements towards the 19280 and 19160 levels can be monitored. Support: 19440 - 19355 Resistance: 19620 - 19750