Forex Trading Library

Dow Jones–22.06.2026

Technical Analysis
By Rami Abu-Draa
Dow Jones–22.06.2026
0 3

The Dow managed to test the resistance zone of 52000-200 which could lead to a potential Rising Wedge formation that can create a correction scenario.
Prices managed so far to drop towards the 51300 zone.
Above 52200 a chance for further advance toward 53000 is likely.

 

SUPPORT RESISTANCE
LEVEL1 50800 51600
LEVEL2 50300 51950
LEVEL3 49700 52200
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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