Forex Trading Library

Dow Jones – 27.06.2024

0 11

The Dow dropped back to re-test the support zone of 39000-100.
As seen on the Intraday chart, the first support is at 38900 which could mean that a correction could occur and maybe higher toward 39750.
Below 38900, more of a drop will be expected to test the support trend of 38500-50 which in turn could activate another rebound movement.
Below 38500, more of a drop toward 37700 will be likely.

SUPPORT RESISTANCE
LEVEL1 38900 39220
LEVEL2 38500-50 39600
LEVEL3 38000 39750

Join our responsible trading community - Open your Orbex account now! 

Leave A Reply

Your email address will not be published.