Forex Prediction

January 21, 2008
 
  GBP-USD 1.9543. Market should meet resistance at 1.9594. We expect then an extended move down to 1.9521 -1.9389 area.  
  USD-JPY 106.64. There is bearish potential for a fall to 106.13 or 105.62 while 107.12 - 107.37 resist. After this fall a recovery up to 107.12 or 107.37 is expected.  
  USD-CHF 1.0996. While below 1.1014 or 1.1030 it could fall towards below 1.0965 or 1.0933. After which a corrective/consolidation activity is expected.  

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