US100: Huge upside potential!

US100, Daily

The index has broken the downtrend level. The price is testing the MA-200. The lows and highs are rising, indicating the buyer's strength. The MACD indicator is also pointing to a stronger uptrend.

If the resistance level 20135 is broken, the growth will continue to 20595.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Author: FBS Analyst Team

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