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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, 23 2020

Technical Analysis
Monday, March 23, 2020 - 16:56
Point Trader Group
Dow Jones March, 23 2020

Overview:

The chart above shows that the pair is trading below a strong resistance level around 20430, which enhances the chances of falling during today's trading

Expected:

Continuing trading below the aforementioned resistance level might push the pair down to 19000

Alternative Scenario:

On the other hand, we see that if the 20430 level is broken up, this could push 21000


 

Resistance204302100021200
Support190001880018500

 

  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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