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Russell 2000 Technical Analysis - Watch this key resistance for the next big move

The Fed yesterday hiked interest rates by 25 bps as expected and kept the policy statement unchanged. This outcome was already priced in, and the market was more interested on possible hints from Fed Chair Powell regarding the next policy moves. Unfortunately, Powell didn’t offer much as he just repeated their data dependency and kept all options on the table. The market spiked here and there but, in the end, returned to the levels prior to the meeting. Russell 2000 Technical Analysis – Daily Ti... Read More

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Content Topics

Russell

2000

Technical

Analysis

Watch

This

Resistance

Forex

Posted: Jul 27 2023, 06:08

Author Name: forexlive

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