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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.

Dowjones 18.5.2023

Technical Analysis
Thursday, May 18, 2023 - 12:39
Point Trader Group
Dowjones 18.5.2023

Main trend: 

Bullish.

Expected scenario:

The pair is trading above a strong support level that is 32990 which might push it towards 33450.

Alternative scenario:

Bearish below 32990 with target: 32750.

The most important levels

Resistance:

33450 – 33600.

Support:

32990 – 32750.

  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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