skypointmarkets

NAS100 - IMPORTANT LEVEL

OANDA:NAS100USD   US Nas 100
Target from last week's analysis hit today after a perfect entry at 13760. The area highlighted in red is an important resistance level (14070-14080) as price failed to break it between the 16th - 29th of April this year. A look at the Daily chart shows a potential double top, If price fails to break this level then we may see bears gain control for a possible sell-off. A break above validates 14200 as a possible target. Let's see where the market wants to go this week

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