Forex Trading Library

Dow Jones–17.03.2025

By Rami Abu-Draa On Mar 17, 2025

The Dow managed to break below 41100 last week which could now lead to another drop towards 40200.
As we see over the Intraday chart, market is facing resistance around 41650-750 where as long as prices keep hold below it a further drop wave toward 40200 will be expected.
Above 41750 more advance toward 42100 could hit the market.

	SUPPORT	RESISTANCE
LEVEL1	41200	41650-750
LEVEL2	40900	42100
LEVEL3	40660	42300

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Dow Jones

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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