BIAS: BULLISH
TECHNICAL PROJECTION:
On the Daily, we have a bullish bias that price will carry its bullish momentum to 107 then 112 target.
FUNDAMENTAL PROJECTION:
Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
TECHNICAL PROJECTION:
On the Daily, we have a bullish bias that price will carry its bullish momentum to 107 then 112 target.
FUNDAMENTAL PROJECTION:
Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.