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07.11.202317:26 विदेशी मुद्रा विश्लेषण और समीक्षा: Technical analysis on Nasdaq for November 7th, 2023.

Exchange Rates 07.11.2023 analysis

Red line- resistance

Blue lines- Fibonacci retracement levels

NASDAQ is found at a very crucial price level where bulls challenge the red downward sloping resistance trend line. The trend line provides resistance at 15,185 and a daily close above this level would be a positive sign. Price has already retraced almost 38% of the entire rise. The index has made an impressive almost vertical rise from recent low at 14,045. Short-term trend is controlled by bulls as price is making higher highs and higher lows in the 4 hour chart. The RSI is far from overbought levels, implying there is more upside potential if price continues forming higher highs and higher lows.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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