Forex and Dow Jones recommended levels

By @ibtimes on

May 19, 2011

GMT 02:09

EUR/USD

Today's support: - 1.4173, 1.4118, 1.4082 and 1.4060(main), where correction is possible. Break would give 1.4042, where correction also may be. Then follows 1.4018. Break of the latter would result in 1.3992. If a strong impulse, we would see 1.3974. Continuation will give 1.3956 and 1.3922.
Today's resistance: - 1.4310(main). Break would give 1.4344, where a correction is possible. Then goes 1.4376. Break of the latter would result in 1.4402. If a strong impulse, we'd see 1.4457. Continuation will give 1.4480.

USD/JPY

Today's support: - 81.16, 80.82 and 80.46(main). Break would bring 80.12, where correction is possible. Then 79.96, where a correction may also happen. Break of the latter will give 79.59. If a strong impulse, we would see 79.42. Continuation would give 79.20.
Today's resistance: - 81.75(main), where a correction may happen. Break would bring 81.96, where also a correction may be. Then 82.18. If a strong impulse, we would see 82.34. Continuation will give 82.57.

DOW JONES INDEX

Today's support: - 12420.06 and 12374.80(main), where a delay and correction may happen. Break of the latter will give 12350.50, where correction also can be. Then follows 12326.27. Be there a strong impulse, we shall see 12306.44. Continuation will bring 12256.87and 12243.11.
Today's resistance: - 12577.50and 12591.45(main), where a delay and correction may happen. Break would bring 12632.12, where a correction may happen. Then follows 12657.70, where a delay and correction could also be. Be there a strong impulse, we'd see 12690.00. Continuation would bring 12748.50 and 12780.00.

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