Forex Trading Library

Dow Jones–16.03.2026

By Rami Abu-Draa On Mar 16, 2026

As we see from the previous chart, the market is facing a resistance zone at 47215-450, where if the market holds below it, more of a drop will be expected with supports at 46300 and 45700.

Above 47450 more advance will be expected with resistance at 48220.

	SUPPORT	RESISTANCE
LEVEL1	46300	47215
LEVEL2	45700	47450
LEVEL3	45135	48220

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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