NAS - Technical Rejection of the Channel .5 - FOMC Eve

٢٨ يوليو ٢٠٢١

With the March 2020 drop as the reference point, price rejected the mid-point between the 2.65 and the 2.764 level after a double-top. Currently finding resistance at the 2 hour 8 EMA with the 2 hour 50 SMA above. FOMC tomorrow, status quo expected with "a long way away from our goals" to continue.