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Intraday forecast 31. Aug. 2010
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EUR/USD bearish
Above 1.2696 look for further upside with 1.2738 & 1.2805 as targets.
Short positions below 1.2655 with targets @ 1.2629, & 1.2587 in extension.
USD/JPY bearish
Long positions above 85.01 with targets @ 85.54, look for further upside with 85.87.
Below 84.48 look for further downside to the 84.15 area, look for further downside with 83.62.
GBP/USD bearish
Above 1.5505 look for further upside with 1.5599 & 1.5658 in extension.
Short positions below 1.5411 with targets @ 1.5352 & 1.5258 in extension.
USD/CHF bullish
Long positions above 1.0269 with targets @ 1.0296 & 1.0340 in extension.
Below 1.0242 look for further downside with 1.0225 & 1.0198 in extension.
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