FX forecast for Jan 12

- [EUR/USD] Having unsuccessfully tested the $1.4560 mark yesterday, the euro dropped early this morning to the level of $1.4470; currently the euro trades at $1.4490, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. The first resistance level for this pair is situated at $1.4560/70, and the next around the $1.47 mark. The closest support level stands at $1.4440/50, followed by $1.4370. But the most important support level is situated at $1.4240/50 and if the bears manage to 'bite' it, the decrement will be deeper. [USD/MDL] During the long holiday season there wasn't any special trend in dollar trading on the internal market and so the dollar remains confined in roughly the same corridor: bid rates will be today around 12.18 – 12.22 lei, and ask rates will stand at 12.27 – 12.34 lei. [EUR/MDL] 17.57 – 17.63 lei (bid) and 17.80 – 17.85 (ask). For further details visit www.fb.md or www.financialbrains.eu