Eurusd update - 29 July 2011 Friday

Good morning everyone,

Yesterday I apologise, I wasnt able to do any updates as I was busy out the whole day. Due to this, I didnt trade either.

Today, despite the fact that I favour turning short, I would recommend staying out until next week as today eurusd might just swing for another day. Anyway, next week, we will likely see big movement or clear direction due to some fundamentals, like the US debt deadline and some major news.

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