Forex and Dow Jones recommended levels

By @ibtimes on

July 18, 2011

GMT 06:09

EUR/USD

Today's support: - 1.4040 and 1.4018(main), where correction is possible. Break would give 1.3995, where correction also may be. Then follows 1.3968. Break of the latter would result in 1.3945. If a strong impulse, we would see 1.3921. Continuation will give 1.3892 and 1.3871.
Today's resistance: - 1.4130 and 1.4177(main). Break would give 1.4196, where a correction is possible. Then goes 1.4223. Break of the latter would result in 1.4246. If a strong impulse, we'd see 1.4275. Continuation will give 1.4298 and 1.4314.

USD/JPY

Today's support: - 78.30(main). Break would bring 78.17, where correction is possible. Then 77.98, where a correction may also happen. Break of the latter will give 77.82. If a strong impulse, we would see 77.46. Continuation would give 77.18 and 76.94.
Today's resistance: - 79.64, 79.98 and 80.33(main), where a correction may happen. Break would bring 80.58, where also a correction may be. Then 81.00. If a strong impulse, we would see 81.21. Continuation will give 81.45.

DOW JONES INDEX

Today's support: - 12376.11(main), where a delay and correction may happen. Break of the latter will give 12354.82, where correction also can be. Then follows 12330.30. Be there a strong impulse, we shall see 12307.44. Continuation will bring 12277.80.
Today's resistance: - 12526.88 and 12575.43(main), where a delay and correction may happen. Break would bring 12600.00, where a correction may happen. Then follows 12656.27, where a delay and correction could also be. Be there a strong impulse, we'd see 12695.63. Continuation would bring 12746.25.

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