Tuesday, May 5, 2009

Forex and Dow Jones Recommended Levels

Forex and Dow Jones Recommended Levels

EUR/USD

Today's support: - 1.3230(main), where correction is possible. Break would give 1.3208, where correction also may be. Then follows 1.3177. Break of the latter would result in 1.3160. If a strong impulse, we would see 1.3133. Continuation will give 1.3084.

Today's resistance: - 1.3297 and 1.3350(main). Break would give 1.3386, where a correction is possible. Then goes 1.3412. Break of the latter would result in 1.3433. If a strong impulse, we'd see 1.3467. Continuation will give 1.3489.

USD/JPY

Today's support: - 97.80 and 97.43(main). Break would bring 97.18, where correction is possible. Then 96.76, where a correction may also happen. Break of the latter will give 96.42. If a strong impulse, we would see 96.07. Continuation would give 95.86.

Today's resistance: - 98.44, 98.71 and 99.00(main), where a correction may happen. Break would bring 99.36, where also a correction may be. Then 99.70. If a strong impulse, we would see 99.90. Continuation will give 100.07.

DOW JONES INDEX

Today's support: - 8347.50 and 8322.20(main), where a delay and correction may happen. Break of the latter will give 8280.13, where correction also can be. Then follows 8246.30. Be there a strong impulse, we would see 8218.13. Continuation will bring 8194.62.

Today's resistance: - 8460.23(main), where a delay and correction may happen. Break would bring 8480.50, where a correction may happen. Then follows 8507.82, where a delay and correction could also be. Be there a strong impulse, we'd see 8528.90. Continuation would bring 8561.30 and 8606.22.

FXtechtrade

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