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Fed Decision Confirmed | Bottom Reversal, Clear Support and Resistance, Gradual Positioning (March 19)
The Federal Reserve's March interest rate decision was announced as scheduled, with expectations of rate cuts significantly easing. The market had already priced in the negative outlook before the announcement, and afterward, the results aligned with expectations, showing a bottoming and reversal pattern with the bearish scenario fully played out.
Key Levels: Short-term strong support at 2150; holding this level maintains the bullish trend. First resistance at 2240; breaking through this opens upward space. Position gradually based on support levels, adding after breaking resistance in line with the trend.
Not wanting to watch charts all day🤔, hesitant about entry timing and always missing the move?
👉Details & Homepage Pinned [Latest levels updated]
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