Forex Trading Library

Dow Jones Technical Analysis 22-01-18

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The Dow Jones held its trades above the support point of 25600 last week which maintain the uptrend wave we have viewed.

Intraday-Levels show supports levels at 25850 and 25700 where, as long as the Dow holds its position above one of those support levels, the uptrend wave will sustain itself towards 26200 and 26350.

Below the 25700 point the market may be in store for a further drop correction wave, which may target the 25300 zone.

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