Eurusd update - 17 June 2011 Friday

Good morning everyone,

Those who happen to follow my late recommendation last night to long eurusd, you may wish to hold your position but if you feels that you want to take your profit, it is alright too. Well, realise profits is better than unrealise.

Anyway, today, eurusd may drop back to 1.4135 before turning up. Therefore, you may wish to hunt for long when eurusd drops to this region. Stoploss about 50 pips. Target exit for today is around 1.4300 - 1.4350 regions.

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