Eurusd update - 12 Aug 2011 Friday

Good morning everyone,

Yesterday, eurusd didnt trigger my SL but my target exit is not triggered too.

Today I still hold a short view of eurusd. However, there is possibilities of eurusd to move higher before turning down again. Therefore, after much consideration, I took profit.
I am looking for short if eurusd retest the resistance top at 1.4240 with 50 pips stop. Target exit remains at 1.4050.

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