Daily Forecast 12 July 2010

[Nikhora]

Daily Forecast 12 July 2010

EUR/USD
Trading range: 1.2620 - 1.2520
Trend: Downward
Sell at 1.2608 SL 1.2640 TP 1.2531

USD/JPY
Trading range: 89.25 - 88.30
Trend: Downward
Sell at 89.11 91 89.43 TP 88.39

GBP/USD
Trading range: 1.5040 - 1.4930
Trend: Downward
Sell at 1.5030 SL 1.5062 TP 1.4942

USD/CHF
Trading range: 1.0540 - 1.0650
Trend: Upward
Buy at 1.0554 SL 1.0522 TP 1.0638

Today's Economic Calendar:
Time GMT, Country, Indicator, Forecast, Prior

08:30 UK GDP Q1 final 0.3% 0.3%
08:30 UK GDP Q1 final Y/Y -0.2% -0.2%
08:30 UK Current account Q1, bln - -1.7