Eurusd update - 11 August 2011 Thursday

Good morning everyone,

Yesterday putting a exit target of 200 is already quite wide. However, eurusd really proved me wrong by dropping 280pips!! Amazing, how fundamentals affect eurusd so much.

Anyway, today, I still expect eurusd to drop further. Good to pick long around 1.4250 with 50 pips SL. Target exit 1.4050.

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