{"id":53017,"date":"2022-03-22T15:23:37","date_gmt":"2022-03-22T04:23:37","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=53017"},"modified":"2022-03-22T15:23:37","modified_gmt":"2022-03-22T04:23:37","slug":"tuesday-22nd-march-2022-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/tuesday-22nd-march-2022-technical-outlook-and-review\/","title":{"rendered":"Tuesday 22nd 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 bullish momentum and consolidating in a triangle pattern. We see the potential for further bullish momentum from our 1st support at 98.175 in line with 61.8% Fibonacci retracement towards our 1st resistance at 98.962 in line with 78.6% Fibonacci projection and 100% Fibonacci Projection. MacD are showing bullish momentum from our crossovers, further supporting our bullish 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 98.962<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 98.175<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53020\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DXY_2022-03-22.png 1834w\" sizes=\"(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 bullish momentum and abiding to our ascending trendline support. We see the potential for further bullish continuation from our 1st support at 1918.010 in line with 61.8% Fibonacci retracement towards our 1st resistance at 1937.171 in line with 61.8% Fibonacci Projection and alsoa graphical swing high. RSI is on bullish momentum, further supporting our bullish 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;\">1918.010<\/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;\">1937.171<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53028\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/XAUUSD_2022-03-22.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">GBP\/USD:<\/span><span style=\"font-weight: 400;\"><\/p>\n<p><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">On the H4, prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for further bullish continuation from our 1st support at 1.31251 in line with 38.2% Fibonacci Retracement towards our 1st resistance at 1.31953 in line with 78.6% Fibonacci Projection. Ichimoku clouds are forecasting the bullish clouds, further supporting our bias.<\/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 1.31953<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 1.31251<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53022\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22-1024x490.png\" alt=\"\" width=\"660\" height=\"316\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22-1024x490.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22-300x144.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22-768x368.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/GBPUSD_2022-03-22.png 1834w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">USD\/CHF:\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 0.93968 in line with the 61.8% Fibonacci retracement from our 1st support at 0.93385 in line with the horizontal pullback support and 38.2% Fibonacci retracement. Alternatively, price may break 1st support structure and head for 2nd support at 0.92953\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;\">0.93385<\/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_2022-03-22_09-50-44.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53026\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-22_09-50-44-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-22_09-50-44-1024x477.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-22_09-50-44-300x140.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-22_09-50-44-768x358.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCHF_2022-03-22_09-50-44.png 2047w\" sizes=\"(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 H1, price is near 1st resistance level of 1.10202 in line with 23.6% Fibonacci retracement. Price can move towards the 1st support level of 1.09367 which is in line with a graphical swing low support. Our bearish bias is supported by price trading under 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;\">H1 1st resistance at 1.10202<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H1 1st support at 1.09348<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53021\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47-1024x561.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47-300x164.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47-768x421.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/EURUSD_2022-03-22_10-37-47.png 1475w\" sizes=\"(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 119.953 in line with -61.8% Fibonacci expansion and 78.6% Fibonacci projection towards our 1st support at 119.120 in line with 38.2% Fibonacci retracement. 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 119.953<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 time frame, 1st support at 119.120<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53027\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22-1024x458.png\" alt=\"\" width=\"660\" height=\"295\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22-1024x458.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22-300x134.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22-768x344.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDJPY_2022-03-22.png 1834w\" sizes=\"(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 support level of 0.73629 in line with 23.6% Fibonacci retracement. Price can move towards the 1st resistance level of 0.74411 which is in line with 138.2% Fibonacci extension and 78.6% Fibonacci projection.Our bullish bias is supported by price trading above Ichimoku cloud indicator.<\/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 0.74411<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 0.73629<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53018\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43-1024x561.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43-300x164.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43-768x421.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/AUDUSD_2022-03-22_09-44-43.png 1475w\" sizes=\"(max-width: 660px) 100vw, 660px\" \/><\/a><\/p>\n<p>&nbsp;<\/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 support level of 0.68591 in line with 38.2% Fibonacci retracement. Price can move towards the 1st resistance level of 0.69260 which is in line with 138.2% Fibonacci extension.Our bullish bias is supported by price trading above 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 0.69260<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">H4 1st support at 0.68591<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53023\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02-1024x561.png\" alt=\"\" width=\"660\" height=\"362\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02-1024x561.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02-300x164.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02-768x421.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/NZDUSD_2022-03-22_10-06-02.png 1475w\" sizes=\"(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 price moving below the ichimoku cloud, we have a bias that <\/span><span style=\"font-weight: 400;\">price will drop from 1st resistance at 1.26247 in line with the horizontal pullback resistance and 23.60% Fibonacci retracement to 1st support at 1.25596 in line with the swing low support .Alternatively, price may break 1st resistance and head for 2nd resistance at 1.26655 in line with the 38.2% Fibonacci retracement.<\/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;\">1.25596<\/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_2022-03-22_09-48-41.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53025\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-22_09-48-41-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-22_09-48-41-1024x477.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-22_09-48-41-300x140.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-22_09-48-41-768x358.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/USDCAD_2022-03-22_09-48-41.png 2047w\" sizes=\"(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 117.9 in line with the horizontal overlap support. Alternatively, price may break 1st support structure and head for 2nd support at 113.07\u00a0 in line with the horizontaL overlap support.<\/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\u00a0<\/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;\">117.9<\/span><\/li>\n<\/ul>\n<h2><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53024\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09-1024x477.png\" alt=\"\" width=\"660\" height=\"307\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09-1024x477.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09-300x140.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09-768x358.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/UKOIL_2022-03-22_09-53-09.png 2047w\" sizes=\"(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 34976 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;\">34976<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36.png\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-53019\" src=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36-1024x509.png\" alt=\"\" width=\"660\" height=\"328\" srcset=\"https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36-1024x509.png 1024w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36-300x149.png 300w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36-768x382.png 768w, https:\/\/www.icmarkets.com\/blog\/wp-content\/uploads\/2022\/03\/DJI_2022-03-22_09-48-36.png 2047w\" sizes=\"(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 34976 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":[],"categories":[340,215,339,195],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/53017"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=53017"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/53017\/revisions"}],"predecessor-version":[{"id":53029,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/53017\/revisions\/53029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/52946"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=53017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=53017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=53017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}