Dow Jones 2018-07-05

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Dow managed to hold our trading zone where market managed to creat A close end triangle model as we see over the hcart

Dow may sustain this trading zone where market closing frommajor economic events ove U.S economy today and tomorrow

Above 24465 will be the first signals of market break which may lead for more advance as we see over the chart 

Below 24130 market may add more weak signals to threat support 23990 where below it more drop to test 23800-50 will be expected

Below 23800 market may head to test 23300-500 zone

  Support Resistance
Level 1 24130 24420-65
Level 2 23990 24570
Level 3 23800-50 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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