Economic Calendar

Wednesday, February 18, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Feb 18 09 05:03 GMT |

EUR/USD

Today's support: - 1.2557 and 1.2538(main), where correction is possible. Break would give 1.2511, where correction also may be. Then follows 1.2480. Break of the latter would result in 1.2455. If a strong impulse, we would see 1.2426. Continuation will give 1.2403.

Today's resistance: - 1.2622, 1.2656 and 1.2693(main). Break would give 1.2732, where a correction is possible. Then goes 1.2757. Break of the latter would result in 1.2781. If a strong impulse, we'd see 1.2826. Continuation will give 1.2863.

USD/JPY

Today's support: - 91.80, 91.57 and 91.33(main). Break would bring 91.11, where correction is possible. Then 90.98. If a strong impulse, we would see 90.62. Continuation would give 90.35.

Today's resistance: - 92.72, 92.91, 93.16 and 93.48(main), where a correction may happen. Break would bring 93.60, where also a correction may be. Then 93.83. If a strong impulse, we would see 94.06. Continuation will give 94.25 and 94.46.

DOW JONES INDEX

Today's support: - 7542.13 and 7513.00(main), where a delay and correction may happen. Break of the latter will give 7494.50, where correction also can be. Then follows 7472.43. Be there a strong impulse, we would see 7436.30. Continuation will bring 7412.75 and 7385.62.

Today's resistance: - 7675.46 and 7708.26(main), where a delay and correction may happen. Break would bring 7738.20, where a correction may happen. Then follows 7762.50, where a delay and correction could also be. Be there a strong impulse, we'd see 7806.46. Continuation would bring 7830.33 and 7897.40.

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