Forex and Dow Jones recommended levels - Forex
International Business Times
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August 31, 2012 2:07 PM EST

August 31, 2012

GMT 03:56

EUR/USD

Today's support: - 1.2476 and 1.2454(main), where correction is possible. Break would give 1.2439, where correction also may be. Then follows 1.2422. Break of the latter would result in 1.2397. If a strong impulse, we would see 1.2374. Continuation will give 1.2353.
Today's resistance: - 1.2563, 1.2578 and 1.2601(main). Break would give 1.2628, where a correction is possible. Then goes 1.2651. Break of the latter would result in 1.2673. If a strong impulse, we'd see 1.2690. Continuation will give 1.2707.

USD/JPY

Today's support: - 78.27(main). Break would bring 78.10, where correction is possible. Then 77.92, where a correction may also happen. Break of the latter will give 77.80. If a strong impulse, we would see 77.65. Continuation would give 77.43.
Today's resistance: - 78.98, 79.23, 79.49 and 79.65(main), where a correction may happen. Break would bring 79.84, where also a correction may be. Then 79.97. If a strong impulse, we would see 80.10. Continuation will give 80.53.

DOW JONES INDEX

Today's support: - 13032.11(main), where a delay and correction may happen. After that 13007.54. Break of the latter will give 12986.50, where correction also can be. Then follows 12964.17. Be there a strong impulse, we shall see 12931.87. Continuation will bring 12909.40 ? 12887.75.
Today's resistance: - 13134.32, 13183.14, 13204.81 and 13259.86(main), where a delay and correction may happen. Break would bring 13297.48, where a correction may happen. Then follows 13317.19, where a delay and correction could also be. Be there a strong impulse, we'd see 13339.80. Continuation would bring 13364.18.

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This article is contributed by www.fxtechtrade.com and does not represent the views or opinions of International Business Times.

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