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Forex and Dow Jones recommended levels

07 Apr, 2008 @ 11:12 pm ET | written by FX Technical Trading


April 08, 2008

GMT 04:02

EUR/GBP

Todays support: - 0.7891 and 0.7874 (main). Break would bring 0.7852, where a correction may be. Then 0.7840. If a strong impulse, wed see 0.7830. Continuation will bring 0.7820.

Todays resistance: - 0.7948(main), where correction may be. Break would bring 0.7963. Then 0.7976. If a strong impulse, we would see 0.7988. Continuation will bring 0.7995 and 0.8008.

AUD/USD

Todays support: - 0.9236 and 0.9223 (main). Break will give 0.9210, where a delay is possible. Then 0.9186, where a correction could be. If a strong impulse, we would see 0.9177, where a correction can be. Continuation will give 0.9158.

Todays resistance: - 0.9293 and 0.9314(main). Break would give 0.9327 where a correction may be. Then 0.9340. If a strong impulse, we would see 0.9364. Continuation will give 0.9385.

DOW JONES INDEX

Todays support: - 12 573.28, 12 551.13, 12 526.88 и 12 504.37(main), where a delay and correction may happen. Break of the latter will give 12 476.25, where correction also can be. Then 12 454.45. Be there a strong impulse, we would see 12 431.30. Continuation will bring 12 414.37 and 12 403.12.

Todays resistance: - 12 692.78, 12 729.36 и 12 757.50(main), where a a delay and correction may happen.Break would bring 12 782.11, where a correction may happen.Then 12 801.10, where a delay and correction could also be. Be there a strong impulse, wed see 12 830.63. Continuation would bring 12 859.45 and 12 870.00.

For more forex information, go to www.fxtechtrade.com

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