NDXUSD

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NDXUSD

After the recession concerns in the US eased somewhat, the markets showed some relief. Nvidia, Tesla, Microsoft and Apple remained under pressure and became the leaders of the pullbacks in the technology sector. Following this situation, the NDXUSD Index showed some recovery. Technically, as long as the downward demand is limited in the 18140 - 18055 area, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18420 and 18550 levels. In the alternative view, permanent pricing may be needed below the 18140 - 18055 area for the downward trend to become dominant. In this case, movements towards the 18080 and 17960 levels can be monitored. Support: 18140 - 18055 Resistance: 18420 - 18550