Dow Jones 2018-04-10

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Dow managed to head for the first advance wave from our support 23300-400 where managed to hit 24625 high away with 75 pips from resistance 24700 as we advised last week

as we see over the chart, Market still trying to construct second wave toward 25500 zone

Intraday Levels facing resistance at 24600-750 zone which if market failed to break another drop wave may hit market toward 23700-900 zone

Above 24750 more advance toward 25050 and 25500 will be expected

  Support Resistance
Level 1 24240 24440
Level 2 23940 24625-750
Level 3 23500-700 25050
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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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