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| Technical Analysis for Dow Jones 6-8-2015 |
Dow Jones moved yesterday in the average movement of 188 pips, its highest level at 17593 and the lowest Level at 17405 and closed at 17475 to Gain 67 pips during yesterday’s trading.
Dow opened today's trading at 17476 volatile between 17447 and 17481 during the Asian session trading at 54 Pips for the poor liquidity in the market range, and in the European session the pair went up to 17489
Dow moves in a series of down corrective waves below the trend line.
It is expected that the Dow is heading targeting 17400 again as the target on time frame of four hours and until now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us accumulation operations at the market
Today we could see sharp trading because of the economic data from the USA
Support levels: 17389 and 17303 and 17201
Resistance levels: 17577 and 17679 and 17765
More Technical Outlook FxStations
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