Failing to once again advance past 1.3400, EURUSD has turned and moved lower towards 1.3300 support. A further decline through the figure would prompt an extension towards 1.3165 support in the near term.
GBPUSD
Plunging through major support at 1.5964, GBPUSD continued its longer term decline, falling below 1.5900 support. The downside penetration sets up the major for an additional decline to the mid November swing low of 1.5822.
USDJPY
USDJPY stalled on the session, just below resistance at 90.00. Given the speed of the recent bull advance, the bout of consolidation should be indicative of a short term turn in the market. Any retracement at this point would target initial support via the 88.20 figure.
Source http://www.fxstreet.com/fundamental/market-view/days-hottest-play/2013-01-18.html