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Intraday forecast 05. Jan. 2012
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EUR/USD bearish
Above 1.2969 look for further upside with 1.3035 & 1.3077 as targets.
Short positions below 1.2902 with targets @ 1.2860, & 1.2795 in extension.
USD/JPY mixed
Long positions above 76.81 with targets @ 76.87, look for further upside with 76.95.
Below 76.64 look for further downside to the 76.59 area, look for further downside with 76.51.
GBP/USD bearish
Above 1.5653 look for further upside with 1.5674 & 1.5706 in extension.
Short positions below 1.5619 with targets @ 1.5565 & 1.5532 in extension.
USD/CHF bullish
Long positions above 0.9446 with targets @ 0.9478 & 0.9527 in extension.
Below 0.9396 look for further downside with 0.9345 & 0.9313 in extension.
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