Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the index is still in an uptrend. Based on our forecast, if the momentum continues, we could potentially see the index testing 25000 and if this level were to be taken out, the next level would likely be 25400. On the other hand, if the momentum is to pause for a while to enable traders to take profits, we could potentially see the index retrace to 24580 as our first target level, and if this level cannot provide the necessary support, the index could potentially be retraced to 24480.
23 December 2017
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