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Main » 2009 » January » 12 » Daily Forex Signal January 12, 2009
Daily Forex Signal January 12, 2009
6:11 AM
FREE SIGNAL
SELL GBP/USD 1.5170
TAKE PROFIT 1.5150
STOP LOSS 1.5200
RESULT ORDER NOT TOUCHED


FOREX ANALYSIS
MONDAY January 12, 2009

EUR/USD

Market should meet resistance at 1.3532. We expect then an extended move down to 1.3411 -1.312 area.

GBP/USD
Preferred view is for a fall to below 1.5073 while 1.5167 - 1.5211 area resists. A clear break of 1.5304 would be bullish.

USD/JPY
Support at 90.2 or 89.19 should hold the downside for a correction to above 91.21 zone.

USD/CHF
A corrective/consolidation activity between 1.0956 and 1.1373 is likely for a while.



Disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
This document is provided to you for information purposes only and may not be reproduced, distributed or published by any recipient for any purpose.

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