Eurusd update - 21 June 2011 Tuesday

Yesterday, was another good day for us. Almost got triggered stop but a good stoploss saved the day! As mentioned too that I expect eurusd to climb to 1.4450.

I am still holding on to the view. So today, we expect eurusd to turn down and test 1.4290 - 1.4320. This will be a good region to pick long with 50pips stoploss. Target exit is around 1.4450 - 1.4500.

Alternatively, long if eurusd breaks above 1.4382. This is also good for 2nd entry level.

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