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Technicals

Forex and Dow Jones recommended levels

Fxtechtrade
07 Jul, 2008 @ 10:12 pm EST
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July 08, 2008

GMT 02:03

USD/CAD

Todays support: - 1.0145 and 1.0111(main), where a delay may be. Break would give 1.0093, where a correction is highly possible. Then 1.0074. Be there a strong impulse, we would see 1.0043. Continuation would lead to 1.0013.

Todays resistance: - 1.0192 and 1.0226(main). Break will bring 1.0249, where a correction may be. Then 1.0264. Be there a strong impulse, we would see 1.0281. Continuation would bring 1.0302.

NZD/USD

Todays support: - 0.7512(main). Break will give 0.7496, where correction is possible. Then 0.7472, where a correction could also be. If a strong impulse, we would see 0.7459. Continuation will lead to 0.7436.

Todays resistance: - 0.7548 and 0.7585(main). Break will give 0.7596, where a correction is possible. Then 0.7607. If a strong impulse, we would see 0.7619. Continuation will bring 0.7631.

DOW JONES INDEX

Todays support: - 11 125.00, 11 193.72, 11 179.68 and 11 162.60 (main), where a delay and correction may happen. Break of the latter will give 11 138.20, where correction also can be. Then follows 11 116.38. Be there a strong impulse, we would see 11 093.90. Continuation will bring 11 072.00 and 11 058.74.

Todays resistance: - 11 296.30, 11 317.40 and 11 340.00 (main), where a delay and correction may happen. Break would bring 11 373.72, where a correction may happen. Then follows 11 396.22, where a delay and correction could also be. Be there a strong impulse, wed see 11 418.80. Continuation would bring 11 441.26.

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