Eurusd update - 8 July 2011 Friday

Good morning everyone,

Eurusd formed another leg down yesterday but closed as white candle up.Right now, eurusd is still in a consolidation range.

Today, I expect eurusd to turn back up. Good to hunt for long when eurusd retrace to
1.4295. Stoploss around 50 pips with target exit around 1.4450.

* An important note, next week on the 10 July, I am going oversea for a short trip. Therefore, I not be able to update on 11 and 12 July. So take this time, have a break. See you guys back on 13 July!

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