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Intraday forecast 20. Jan. 2012
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EUR/USD bullish
Above 1.2976 look for further upside with 1.3008 & 1.3057 as targets.
Short positions below 1.2926 with targets @ 1.2875, & 1.2843 in extension.
USD/JPY bullish
Long positions above 77.28 with targets @ 77.43, look for further upside with 77.66.
Below 77.04 look for further downside to the 76.81 area, look for further downside with 76.66.
GBP/USD bullish
Above 1.5494 look for further upside with 1.5512 & 1.5541 in extension.
Short positions below 1.5465 with targets @ 1.5417 & 1.5389 in extension.
USD/CHF bearish
Long positions above 0.9350 with targets @ 0.9387 & 0.9409 in extension.
Below 0.9314 look for further downside with 0.9291 & 0.9256 in extension.
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