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Forex and Dow Jones recommended levels

Published 03/31/2008, 08:00 PM
April 01, 2008

GMT  05:36

EUR/USD

Today’s support: -  1.5739, 1.5716 and 1.5694 (main), where correction is possible.Break would give 1.5671, where correction also may be. Then  1.5643. Break of the latter would result in 1.5616. If a strong impulse, we would see 1.5596. Continuation will give 1.5581.
Today’s resistance: - 1.5868 and 1.5896(main). Break would give 1.5919, where a correction is possible. Then 1.5932. Break of the latter would result in 1.5947. If a strong impulse, we’d see 1.5970. Continuation will give 1.5988 and 1.5996

USD/JPY

Today’s support: - 99.42 and 99.23(main). Break would bring 99.10, where correction is possible. Then 98.92. If a strong impulse, we would see 98.77. Continuation would give 98.40 and 98.23.
Today’s resistance: - 100.36 and 100.60(main), where a correction may happen. Break would bring 100.81, where also a correction may be. Then 101.04. If a strong impulse, we would see 101.13. Continuation will give 101.28.

DOW JONES INDEX

Today’s support: -  12 217.50, 12 189.38 and 12 152.75(main),
where a delay and correction may happen. Break of the latter will give 12 133.00, where correction also can be. Then 12 121.87. Be there a strong impulse, we would see 12 102.19. Continuation will bring 12 085.32 and 12 062.82.
Today’s resistance: - 12 285.00, 12 318.77 and 12 352.52(main), where a a delay and correction may happen.Break would bring 12 377.70, where a correction may happen.Then 12 466.12, where a delay and correction could also be. Be there a strong impulse, we’d see 12 487.46. Continuation would bring 12 515.63.

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