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Technicals

Forex and Dow Jones recommended levels

Fxtechtrade
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02 July 2008 @ 01:24 am EST
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July 02, 2008

GMT 06:16

EUR/USD

Todays support: - 1.5772, 1.5747, 1.5720 and 1.5693(main), where correction is possible. Break would give 1.5671, where correction also may be. Then follows 1.5649. Break of the latter would result in 1.5634. If a strong impulse, we would see 1.5612. Continuation will give 1.5591.

Todays resistance: - 1.5832 and 1.5848(main). Break would give 1.5876, where a correction is possible. Then goes 1.5895. Break of the latter would result in 1.5916. If a strong impulse, wed see 1.5933. Continuation will give 1.5952.

EUR/JPY

Todays support: - 167.25 and 167.06(main). Break would bring 166.90, where a correction may be. Then 166.76. If a strong impulse, we would see 166.50. Continuation will bring 166.26 and 166.05.

Todays resistance: - 167.85 and 168.08(main). Break would result in 168.31, where a correction is possible. Then 168.57. If a strong impulse, we would see 16878. Continuation will give 169.06 and 169.20.

DOW JONES INDEX

Todays support: - 11 296.40, 11 272.54 and 11 244.37(main), where a delay and correction may happen. Break of the latter will give 11 218.00, where correction also can be. Then follows 11 193.72. Be there a strong impulse, we would see 11 162.60. Continuation will bring 11 138.20.

Todays resistance: - 11 418.80 and 11 441.26(main), where a delay and correction may happen. Break would bring 11 463.66, where a correction may happen. Then follows 11 497.50, where a delay and correction could also be. Be there a strong impulse, wed see 11 522.77. Continuation would bring 11 565.00 and 11 621.20.

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