BIAS: BULLISH
TECHNICAL PROJECTION:
On the Daily, we have a bullish bias that price will carry its bullish momentum to 107 then 112 target.
FUNDAMENTAL PROJECTION:
Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
TECHNICAL PROJECTION:
On the Daily, we have a bullish bias that price will carry its bullish momentum to 107 then 112 target.
FUNDAMENTAL PROJECTION:
Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at $60b & $35mbs over the three month timeframe.
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