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| Technical Analysis for Dow Jones 25-6-2015 |
Dow Jones moved yesterday in the average movement of 200 pips, its highest level at 18077 and the lowest Level at 17877 and closed at 17883 to Lose 188 pips, during yesterday’s trading.
Dow opened today's trading at volatile between 17894 and 17921 during the Asian and European session trading at 37 pips for the poor liquidity in the market range.
Dow moves in a series of up impulse waves after breaking the price channel.
It is expected that the oil is heading targeting 17800 to make a little of correction as the target on time frame of four hours and till now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us distribution operations at the market
Today we could see sharp trading because of the economic data from USA
Support levels: 17814 and 17745 and 17614
Resistance levels: 18014 and 18145 and 18214
For More Technical Outlook FxStations
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