Dow Jones 2018-03-28

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Dow managed to hold trades below resistance 24460 where market managed to head for farther drop as we advised yesterda

Market managed to print only 23700 low

Intraday Levels showing resistance at 24100-50 where as long as market holding below the chance for farther drop to test 23300-400 zone still on hand where from that zone another big rebound correction wave will be expected

Above 24150 market may regain uptrend strength which may lead for farther advance to test 24460 Or 24660

Support Resistance
Level 1 23700 24100-50
Level 2 23500 24460
Level 3 23300 24660
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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