Dow Jones 2018-06-25

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Dow still facing drop pressure after the signs of more Global Trade War while market broke below 24550 support threaten for more drop movement

Short-Run see as long as Daily close sustain below 24850 a downtrend wave may hit the market toward 23300-500 zone

Any daily close above 24850 may restore the uptrend wave again

Intraday facing first resistance at 24660 zone

  Support Resistance
Level 1 24350 24660
Level 2 24250 24850
Level 3 23900 25000
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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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