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Intraday forecast 06. Jan. 2012
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EUR/USD bearish
Above 1.2901 look for further upside with 1.2942 & 1.3006 as targets.
Short positions below 1.2769 with targets @ 1.2729, & 1.2664 in extension.
USD/JPY bullish
Long positions above 77.23 with targets @ 77.37, look for further upside with 77.58.
Below 77.00 look for further downside to the 76.64 area, look for further downside with 76.43.
GBP/USD bearish
Above 1.5530 look for further upside with 1.5592 & 1.5630 in extension.
Short positions below 1.5468 with targets @ 1.5430 & 1.5370 in extension.
USD/CHF bullish
Long positions above 0.9539 with targets @ 0.9569 & 0.9614 in extension.
Below 0.9445 look for further downside with 0.9415 & 0.9369 in extension.
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