FX.co ★ Technical analysis of #INDU for Aug 13, 2018

Last week, the Dow Jones index made a gap during the crisis in Turkey because too many investor want to distribute their funds into safe heaven assets such the USD$. If we look at the daily chart, the index seems to have made a Head And Shoulders Pattern. Just watch the 24,970.20 level. If this level can be breached, the odds are that the Dow Jones will change its current trend into the bearish bias.

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