NDXUSD

The main focus in the US Nasdaq Index today will be Powell's speech and the macro data traffic that will continue throughout the week. NDXUSD is facing selling pressure near the resistance of 23295.55 while trying to stay above the pivot of 23168.95. Unemployment claims and PMI data will play a key role in the index's direction; strong data will support positive pricing. Supports are at 23074.96, 22948.36, and 22898.06, which may come into play during sudden changes in risk appetite.