Friday, 20 January 2012

EUR/USD technical analysis today 20.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2953. We can expect next target to be around 1.2920-1.2900 if the price drops below 1.2940. On the other hand if the price breaks above 1.2965 then next target may be around 1.2980 area.

@ 7:00am GMT - German PPI m/m - medium
@ 3:00pm GMT - Existing Home Sales - high