Forex and Dow Jones recommended levels

By @ibtimes on

January 07, 2011

GMT 01:04

EUR/USD

Today's support: - 1.2946 and 1.2915(main), where correction is possible. Break would give 1.2873, where correction also may be. Then follows 1.2846. Break of the latter would result in 1.2814. If a strong impulse, we would see 1.2783. Continuation will give 1.2765.
Today's resistance: - 1.3061 and 1.3098(main). Break would give 1.3134, where a correction is possible. Then goes 1.3163. Break of the latter would lead to 1.3207. If a strong impulse, we'd see 1.3236. Continuation will give 1.3273.

USD/JPY

Today's support: - 82.73 and 82.36(main). Break would bring 82.01, where correction is possible. Then 81.74, where a correction may also happen. Break of the latter will give 81.56. If a strong impulse, we would see 81.22. Continuation would give 81.00 and 80.84.
Today's resistance: - 83.58 and 83.82(main), where a correction may happen. Break would bring 84.03, where also a correction may be. Then 84.24. If a strong impulse, we would see 84.60. Continuation will give 84.83.

DOW JONES INDEX

Today's support: - 11646.80, 11593.12and 11562.20(main), where a delay and correction may happen. Break of the latter will give 11541.40, where correction also can be. Then follows 11524.92. Be there a strong impulse, we shall see 11491.88. Continuation will bring 11475.00.
Today's resistance: - 11742.40(main), where a delay and correction may happen. Break would bring 11764.50, where a correction may happen. Then follows 11796.32, where a delay and correction could also be. Be there a strong impulse, we'd see 11815.13. Continuation would bring 11844.20 and 11877.38.

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