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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Dow Jones March, 20 2020

Technical Analysis
Friday, March 20, 2020 - 16:08
Point Trader Group
Dow Jones March, 20 2020

Overview:

The chart above shows that the pair is trading below a strong resistance level around 21230, which enhances the chances of falling during today's trading

Expected:

Continued trading below the aforementioned resistance level might push the pair down to 19600

Alternative Scenario:

On the other hand, we see that if the 21230 level is broken up, it could push this pair up to 21400


 

Resistance212302130021400
Support196001950019300

 

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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