Forex and Dow Jones recommended levels

December 01, 2008

GMT 03:04

EUR/USD

Todays support: - 1.2634 and 1.2600(main), where correction is possible. Break would give 1.2572, where correction also may be. Then follows 1.2544. Break of the latter would result in 1.2506. If a strong impulse, we would see 1.2477. Continuation will give 1.2454 and 1.2421.

Todays resistance: - 1.2713 and 1.2738(main). Break would give 1.2756, where a correction is possible. Then goes 1.2788. Break of the latter would result in 1.2814. If a strong impulse, wed see 1.2832. Continuation will give 1.2856 and 1.2870.

USD/JPY

Todays support: - 94.76 and 94.38(main). Break would bring 94.17, where correction is possible. Then 94.03. If a strong impulse, we would see 94.86. Continuation would give 93.60 and 93.36.

Todays resistance: - 95.58 and 95.90(main), where a correction may happen. Break would bring 96.16, where also a correction may be. Then 96.43. If a strong impulse, we would see 96.72. Continuation will give 9+7.10 and 97.31.

DOW JONES INDEX

Todays support: - 8733.62, 8673.24 and 8628.80 (main), where a delay and correction may happen. Break of the latter will give 8606.31, where correction also can be. Then follows 8555.33. Be there a strong impulse, we would see 8211.60. Continuation will bring 8486.67 and 8455.37.

Todays resistance: - 8842.44 and 8868.80(main), where a delay and correction may happen. Break would bring 8907.67, where a correction may happen. Then follows 8944.25, where a delay and correction could also be. Be there a strong impulse, wed see 8988.72. Continuation would bring 9019.42.

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