Forex Trading Library

Dow Jones 2016-06-29

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US30 Dow-Jones

17500

Market went for fast dive on U.K result to leave EU where we expected that a drop for 1,000 pips is awaiting the Dow as long as market holding below 18170 as we advised before from technical point of view

market managed to test 17150 which we expected from there another rebound to hit the market

market may head for trading zone between 17250 – 17750 before continue advance toward 18100

below 17000 market may enter new downtrend wave

  Support Resistence
Level 1 17275 17675
Level 2 17150 17750
Level 3 17060 17950
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