Forex Trading Library

Dow Jones – 05.07.2024

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As we see on the Intraday chart, the market is showing the first support around 39200, whereas long prices hold above it, the advance wave could sustain towards 39750 and above.

Below 39200, will be the first weak sign with the second support at the 38700-900 zone which could push again for another advance wave.

Below 38700, a new downtrend wave could start toward the 37700 zone.

SUPPORT RESISTANCE
LEVEL1 39200 39450
LEVEL2 38700-900 39750
LEVEL3 38000 40095

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