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DOWJONES August, 05 2020
Overview:
The chart above shows that the pair is trading below a strong resistance level around 27057, which enhances the chances of falling during today's trading
Expected:
Continuing trading below the aforementioned resistance level, might push the pair down to 26900
Alternative Scenario:
On the other hand, we see that if the 27057 level is broken up, it could push this pair to rise to 27100
| Resistance | 27057 | 27100 | 27150 |
| Support | 26900 | 26852 | 26800 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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