ANALYSIS
NQ100 Finds Support from PPIApr 14
USDZAR Could Hit 4-Month Low
In international markets, the hopes that the US Federal Reserve (FED) will reduce the pace of tightening the monetary policy at its meeting next week, keep the investor risk atmosphere in a positive atmosphere and support the currencies of developing countries. Technically speaking, it is seen that parity ended its minor channel movement and started to expand in the direction of the intermediate trend. Below, 16.9530 is at strong support position. With the end of this, sales can accelerate up to the level of 16,7700. In possible upward attempts, 17.2685 and 17.4580 resistances can be followed.
