NDXUSD

In the Nasdaq, which is highly sensitive to the Fed and US data, a potential hawkish Fed or a surprise in growth will naturally lead to a break of the 23368.85 pivot and the testing of support levels at 23296.40 and 23225.14. If risk appetite for technology stocks does not return after the Fed meeting, downward movement may deepen. If the Fed adopts a dovish stance or if data is weaker than expected, risk appetite may increase, and resistance levels at 23440.11, 23512.56, and 23584.41 should be monitored. Volatility will peak in the evening hours.