The price movement will be influenced by the Non-Farm Payroll (NFP) and Unemployment rates. Based on current expectations, the price is likely to exhibit a downtrend, though the market may experience random fluctuations.
There is a possibility for a retest up to 38,790, followed by an upward push towards 39,050.
Bearish Scenario: If the price breaks below the support level at 38790, it could decline to 38580. Sustained trading below this level may lead to a further drop to 38400.
Pivot Line: 38790 Resistance Levels: 39050, 39350, 39700 Support Levels: 38580, 38400, 38290Today's expected movement range is between the support level at 38400 and the resistance level at 39350Summary:*Downtrend Expected: Market influenced by NFP and Unemployment rates. *Potential Retest: Price may rise to 38,790. *Upward Movement: Post-retest, the price could push up to 39,050.
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