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Intraday forecast 18. Jan. 2012
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EUR/USD bullish
Above 1.2793 look for further upside with 1.2831 & 1.2890 as targets.
Short positions below 1.2672 with targets @ 1.2634, & 1.2574 in extension.
USD/JPY bearish
Long positions above 76.88 with targets @ 76.96, look for further upside with 77.08.
Below 76.63 look for further downside to the 76.55 area, look for further downside with 76.43.
GBP/USD mixed
Above 1.5385 look for further upside with 1.5408 & 1.5442 in extension.
Short positions below 1.5314 with targets @ 1.5291 & 1.5257 in extension.
USD/CHF bearish
Long positions above 0.9553 with targets @ 0.9584 & 0.9631 in extension.
Below 0.9456 look for further downside with 0.9426 & 0.9379 in extension.
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