Forex Trading Library

Dow Jones – 04.07.2024

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The Dow managed to sustain trades above the 38900 support and managed to rebound toward 39450 in the last few trading days

On the Intraday chart, the first support is at 38900, which could keep the chance for some rebound correction and maybe higher toward 39750.

Below 38900, more of a drop will be expected to test the support trend of 38550-600 which in turn could activate another rebound.

Below 38500, more of a drop toward 37700 will be expected.

SUPPORT RESISTANCE
LEVEL1 39260 39600
LEVEL2 38900 39750
LEVEL3 38600 40095

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