The U.S. Federal Reserve began a two-day meeting on Tuesday. Traders expect the regulator to provide interest rate and inflation forecasts, CNBC notes. Particular attention is attached to Fed Chairman Jerome Powell's press conference on Wednesday. The Dow Jones Industrial Average index was down 127.51 points (0.39%) at 32825.95.
Pivot: 32824.00
Provided that the index is traded above 32460.00, follow the recommendations below:
In case of breakdown of the level 32460.00, follow the recommendations below:
RSI indicates an uptrend during the day.
Resistance Support
33700.00 32460.00
33230.00 32115.00
33000.00 31790.00
Pivot: 32826.00
While the price is above 30880.00, follow the recommendations below:
If the level 30880.00 is broken-down, follow the recommendations below.
RSI is bullish and indicates a mid-term uptrend.
Resistance Support
34500.00 30880.00
34100.00 29850.00
33000.00 28900.00