Forex and Dow Jones recommended levels

By @ibtimes on

February 07, 2012

GMT 05:45

EUR/USD

Today's support: - 1.3050, 1.3038, 1.3002 and 1.2974(main), where correction is possible. Break would give 1.2949, where correction also may be. Then follows 1.2907. Break of the latter would result in 1.2874. If a strong impulse, we would see 1.2857. Continuation will give 1.2831.
Today's resistance: - 1.3187, 1.3219 and 1.3236(main). Break would give 1.3258, where a correction is possible. Then goes 1.3277. Break of the latter would result in 1.3301. If a strong impulse, we'd see 1.3318. Continuation will give 1.3343 and 1.3364.

USD/JPY

Today's support: - 75.94(main). Break would bring 75.68, where correction is possible. Then 75.44, where a correction may also happen. Break of the latter will give 75.17. If a strong impulse, we would see 74.98. Continuation would give 74.70.
Today's resistance: - 76.95, 77.16, 77.64 and 78.12(main), where a correction may happen. Break would bring 78.30, where also a correction may be. Then 78.47. If a strong impulse, we would see 78.72 Continuation will give 78.98 and 79.22.

DOW JONES INDEX

Today's support: - 12771.33 and 12757.44(main), where a delay and correction may happen. Break of the latter will give 12738.28, where correction also can be. Then follows 12701.25. Be there a strong impulse, we shall see 12679.00. Continuation will bring 12656.23.
Today's resistance: - 12874.22 and 12893.50(main), where a delay and correction may happen. Break would bring 12960.00, where a correction may happen. Then follows 12981.30, where a delay and correction could also be. Be there a strong impulse, we'd see 13007.52. Continuation would bring 13047.38.

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