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Intraday forecast 22. Feb. 2012
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EUR/USD bullish
Above 1.3278 look for further upside with 1.3303 & 1.3342 as targets.
Short positions below 1.3197 with targets @ 1.3171, & 1.3172 in extension.
USD/JPY bullish
Long positions above 79.90 with targets @ 80.01, look for further upside with 80.40.
Below 79.71 look for further downside to the 79.52 area, look for further downside with 79.41.
GBP/USD bearish
Above 1.5841 look for further upside with 1.5863 & 1.5897 in extension.
Short positions below 1.5770 with targets @ 1.5748 & 1.5714 in extension.
USD/CHF bearish
Long positions above 0.9148 with targets @ 0.9160 & 0.9184 in extension.
Below 0.9094 look for further downside with 0.9078 & 0.9053 in extension.
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