Eurusd update - 19 Jan 2012 Thu

Good morning,

I am looking at eurusd hitting the 1st resistance level at 1.2880.
Topside is also limited with 2nd resistance at 1.3000.

There is a high possibility of eurusd moving downwards today.
A possible correction back down to 1.2760.

Good to pick short if eurusd forms a double top today before US session opens.

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