
The Dow fell below the support of 46650 which could add some pressure over the Intraday prices.
As we see over the chart and as long as the market holds below the resistance of 46700-50, more of a drop to test the 46100-200 support zone is likely which in turn could activate the advance wave again.
Above 46750 the market could restore strength for a further advance.
Below 46100 more of a drop could hit the market with support at 45780
SUPPORT | RESISTANCE | |
LEVEL1 | 46350 | 46750 |
LEVEL2 | 46100 | 47100 |
LEVEL3 | 45780 | 47500 |
Test your trading strategy on forex and stocks with Orbex
The post Dow Jones Analysis 10-07-2025 appeared first on Orbex Forex Trading Blog.