{"id":53042,"date":"2022-03-23T14:52:46","date_gmt":"2022-03-23T03:52:46","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=53042"},"modified":"2022-03-23T14:52:46","modified_gmt":"2022-03-23T03:52:46","slug":"wednesday-23rd-march-2022-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/wednesday-23rd-march-2022-technical-outlook-and-review\/","title":{"rendered":"Wednesday 23rd March 2022 : Technical Outlook and Review"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">DXY:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, prices are on bearish momentum. We see the potential for a dip from our 1st resistance at 98.638 in line with 50% Fibonacci retracement towards our 1st support at 98.157 in line with 61.8% Fibonacci retracement. Prices are trading below our ichimoku cloud resistance, further supporting our bearish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at\u00a0 98.638<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 98.157<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53045\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02-1024x458.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02-300x134.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02-768x344.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-23_09-14-02.png 1834w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">XAU\/USD (GOLD):<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, prices are on bearish momentum and have recently broken out of our graphical overlap. We see the potential for a dip from our 1st resistance at 1918.7 in line with 23.6% Fibonacci retracement towards our 1st support at 1904.910 in line with 161.8% Fibonacci Projection and 127.2% Fibonacci extension and also graphical swing low.. RSI is on bearish momentum, further supporting our bearish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4h 1st support at <\/span><span style=\"font-weight: 400;\">1904.910<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">4h 1st resistance at <\/span><span style=\"font-weight: 400;\">1918.7<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53053\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04-1024x458.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04-300x134.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04-768x344.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-23_09-34-04.png 1834w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">GBP\/USD:\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, prices are on bullish momentum and consolidating in an inverse head-and-shoulders pattern. Breaking the key graphical overlap will call for further bullish continuation from our 1st support at 1.32727 in line with 61.8% Fibonacci Retracement towards our 1st resistance at 1.33192 in line with 78.6% Fibonacci Retracement. Ichimoku clouds are forecasting the bullish clouds, further supporting our bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at 1.33192\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.32727<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53047\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56-1024x490.png\" alt=\"\" width=\"660\" height=\"316\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56-1024x490.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56-300x144.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56-768x368.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-23_09-07-56.png 1834w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">USD\/CHF:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving above the ichimoku cloud, we have a bias that <\/span><span style=\"font-weight: 400;\">price will rise to our 1st resistance at 0.93968 in line with the 61.8% Fibonacci retracement from our 1st support at 0.93239 in line with the horizontal pullback support and 61.8% Fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support at 0.92951\u00a0 in line with the 78.6% Fibonacci retracement<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st support level <\/span><span style=\"font-weight: 400;\">0.93239<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1st resistance <\/span><span style=\"font-weight: 400;\">\u00a00.93968<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53051\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17-1024x477.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17-300x140.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17-768x358.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-23_09-47-17.png 2047w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">EUR\/USD :<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, price is near 1st support level of 1.10283 in line with 78.6% Fibonacci projection. Price can move towards the 1st resistance level of 1.11249 which is in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is supported by price trading above the Ichimoku cloud indicator.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration :<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at 1.11249<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.10033<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53046\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56-1024x561.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56-300x164.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56-768x421.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-23_10-38-56.png 1475w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/JPY:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4 timeframe, prices have approached pivot and swing high. We see the potential for a short pullback from our 1st resistance at 121.112 in line with 23.6% Fibonacci retracement towards our 1st support at 120.380 in line with 38.2% Fibonacci retracement and 161.8% Fibonacci Projection. Divergence is spotted on RSI, further supporting our bearish bias.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at 121.112<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 120.380<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53052\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30-1024x458.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30-300x134.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30-768x344.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-23_09-48-30.png 1834w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">AUD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, price is near 1st resistance level of 0.74766 in line with 161.8% Fibonacci extension. Price can dip towards the 1st support level of 0.73682 which is in line with 38.2% Fibonacci retracement.Our bearish bias is supported by the stochastic indicator as it is at the resistance level<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at 0.74766<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 0.73682<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53043\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24-1024x561.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24-300x164.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24-768x421.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-23_09-46-24.png 1475w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">NZD\/USD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, price is near 1st resistance level of 0.69735 in line with 161.8% Fibonacci extension and 78.6% Fibonacci projection. Price can dip towards the 1st support level of 0.68704 which is in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection.Our bearish bias is supported by stochastic indicator as it is at resistance level..<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration :<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at 0.69735<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 0.68704<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53048\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31-1024x561.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31-300x164.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31-768x421.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-23_10-08-31.png 1475w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CAD:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with mixed indications and no clear direction of where price is going, we have a bias that price will continue to move within our 1st resistance of 1.26247 in line with the horizontal overlap resistance and 23.6% Fibonacci retracement and 1st support at 1.25598 in line with the horizontal swing low support.<\/span><\/p>\n<p><b>Areas of consideration:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at <\/span><span style=\"font-weight: 400;\">1.25598<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance at<\/span> <span style=\"font-weight: 400;\">1.26247<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53050\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12-1024x477.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12-300x140.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12-768x358.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-23_09-49-12.png 2047w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">OIL:<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price moving above the ichimoku cloud, we have a bias that <\/span><span style=\"font-weight: 400;\">price will rise to our 1st resistance at 130.46 in line with the 78.6% Fibonacci retracement from our 1st support at 113.66 in line with the horizontal overlap support and 23.6% Fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support at 102.53\u00a0 in line with the horizontaL overlap support and 78.6% Fibonacci retracement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st resistance of <\/span><span style=\"font-weight: 400;\">130.46<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support of <\/span><span style=\"font-weight: 400;\">113.66<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53049\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05-1024x477.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05-300x140.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05-768x358.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-23_09-46-05.png 2047w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/h2>\n<h2><span style=\"font-weight: 400;\">Dow Jones Industrial Average:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, with price expected to reverse off the stochastics level, we have a bias that <\/span><span style=\"font-weight: 400;\">price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .Alternatively, price may break 1st resistance and head for 2nd resistance at 35808 in line with the 161.8% Fibonacci extension.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Areas of consideration :\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at<\/span><span style=\"font-weight: 400;\"> 34073<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st resistance at <\/span><span style=\"font-weight: 400;\">35011<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-53044\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28-1024x509.png 1024w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28-300x149.png 300w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28-768x382.png 768w, https:\/\/www.icmarkets-vnk.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-23_09-43-28.png 2047w\" sizes=\"auto, (max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com.au, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user\u2019s software, hardware, data or property.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from 1st resistance at 35011 in line with the horizontal overlap resistance and 161.8% Fibonacci extension to 1st support at 34073 in line with the pullback support .<\/p>\n","protected":false},"author":8,"featured_media":52946,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[340,215,339,195],"tags":[],"class_list":["post-53042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-posts","category-market-analysis","category-recent-posts","category-technical-analysis"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/53042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=53042"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/53042\/revisions"}],"predecessor-version":[{"id":53054,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/53042\/revisions\/53054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/52946"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=53042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=53042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=53042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}