The Dow managed to sustain an advance as we advised before and managed to meet the target of 39750 and above.
As we see on the chart, prices are facing the resistance zone around 40095 where as long as the market holds below it, a drop toward 39150-200 could hit the market.
Above 40095 a chance for further advance toward 40500 could occur.
SUPPORT | RESISTANCE | |
LEVEL1 | 39620 | 40095 |
LEVEL2 | 39150-200 | 40500 |
LEVEL3 | 38900 | 41000 |
Join our responsible trading community – Open your Orbex account now! |
The post Dow Jones – 12.07.2024 appeared first on Orbex Forex Trading Blog.