TECHNICAL ANALYSIS:

          Yesterday trend ends with the strong uptrend only. Today from the morning itself the trends are going downwards only.

          The Parabolic SAR is going strongly downwards. By analyzing this chart and the Moving Averages and SAR; we will confirm that the trends will move in downwards only.

Fundamental Analysis:

          Today we have only single high impact news on USD at GMT 13.30.

·    Initial Jobless Claims

So not more than heavy changes may happens apart from our predictions.

For more about Economic news use our Economic calendar

http://news.fxbase.com/index.php/2013/01/19/economic-calendar-for-january-21-to-january-25/

So by the side from both technical as well as fundamental,

                We are giving Three arrows for the downtrend.