Spot Euro, E-Mini S&P, Eurostoxx, Dax, FTSE 100, DJIA

Forecast for 7th January 2013 Spot Euro EURUSD held above good support from the 55 day moving average and the 6 month uptrend line at 1.2985/75 last week. We have resistance at 1.3090/95 today but above here we look for a move to 1.3145/55. This may be enough of a rally for today so watch for a high for the day but be ready to buy back in to longs above 1.3170 looking for a move to 1.3200/07 as the next target. We could find a floor at 1.2985/75 if this is tested today so worth exiting shorts

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Spot Euro, E-Mini S&P, Eurostoxx, Dax, FTSE 100, DJIA

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