DOW 30 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If DOW 30 continues in its current trajectory, we could see it reach 41723.3625 within the next 3 days.
Supported by Downward sloping Moving Average
Target: 41723.3625 Entry: 42025.33 Stop: 42355.82
GBPUSD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation
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