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DOWJONES 16-10-2023 .

Technical Analysis
By Shady Fouad
0 48

DOWJONES 16-10-2023 .
In the short term, prices are moving in a down trend, as anticipated Prices have rebounded from support areas within the range of 32,700 and are now trading near resistance zone around 33,750 where selling pressure is expected to appear to limit this corrective movement, unless there is a breakthrough above the aforementioned resistance zone.

Support

 32700 32500 –
Resistance 33600 33750

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Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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