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01.07.202005:45 Forex Analyse & Reviews: Dow Jones Industrial Avarage Price Movement For July 01, 2020

Exchange Rates 01.07.2020 analysis

On the 4-hour chart, we see that the #INDU has a potential to continue its upward movement to raid 26,573.9. The Stochastic Oscillator is already at the overbought level, although the index has formed a divergence too. The price has already closed above the Moving Average. Based on this fact, #INDU is going up soon as long as the price does not retrace downwards to close below 24,886.8.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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