Eurusd update - 22 July 2011 Friday

Yesterday, SL was triggered before eurusd went up to hit the target!
Well, there is no 100% in trading, this is when I like to say shocking bad luck. haha!

Today, we expect eurusd to continue climbing. I expect a retracement to 1.4330 before turning up. So good to pick long around 1.4330 with SL around 50 pips target exit is around 1.4480.
However, in any case if eurusd did not retrace to 1.4330.Good to pick long if it breaks 1.4438.

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