Forex and Dow Jones recommended levels

Published: March 6, 2009

1.2540 and 1.2517(main), where correction is possible. Break would give 1.2508, where correction also may be. Then follows 1.2476. Break of the latter would result in 1.2443. If a strong impulse, we would see 1.2420. Continuation will give 1.2402.

Today”s resistance: -1.2586 and 1.2611(main). Break would give 1.2660, where a correction is possible. Then goes 1.2696. Break of the latter would result in 1.2734. If a strong impulse, we”d see 1.2763. Continuation will give 1.2782.

USD/JPY

Today”s support: - 97.64 and 97.46(main). Break would bring 97.20, where correction is possible. Then 96.68, where a correction may also happen. Break of the latter will give 96.30. If a strong impulse, we would see 96.19. Continuation would give 95.72 and 95.40.

Today”s resistance: - 99.00, 99.67 and 99.90(main), where a correction may happen. Break would bring 100.24 and 100.43, where also a correction may be. Then 100.67. If a strong impulse, we would see 100.84. Continuation will give 101.22 and 101.43.

DOW JONES INDEX

Today”s support: - 6527.46, 6501.78 and 6478.24 (main), where a delay and correction may happen. Break of the latter will give 6452.56 where correction also can be. Then follows 6392.10. Be there a strong impulse, we would see 6328.12. Continuation will bring 6295.37.

Today”s resistance: - 6682.63 and 6733.10(main), where a delay and correction may happen. Break would bring 6761.23, where a correction may happen. Then follows 6811.87, where a delay and correction could also be. Be there a strong impulse, we”d see 6835.40. Continuation would bring 6884.72 and 6927.44.

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