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Intraday forecast 04. Jan. 2012
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EUR/USD bullish
Above 1.3075 look for further upside with 1.3110 & 1.3163 as targets.
Short positions below 1.2965 with targets @ 1.2930, & 1.2877 in extension.
USD/JPY bearish
Long positions above 76.77 with targets @ 76.98, look for further upside with 77.10.
Below 76.64 look for further downside to the 76.56 area, look for further downside with 76.43.
GBP/USD bullish
Above 1.5670 look for further upside with 1.5709 & 1.5770 in extension.
Short positions below 1.5600 with targets @ 1.5543 & 1.5503 in extension.
USD/CHF bearish
Long positions above 0.9377 with targets @ 0.9401 & 0.9436 in extension.
Below 0.9305 look for further downside with 0.9282 & 0.9246 in extension.
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