Eurusd update - 15 Aug 2011 Monday

Good day everyone,

Eurusd had been trading sideway for the past 2 weeks.
I favour a bearish eurusd but fundamentals may change the trend.

Monday, I favour eurusd to test top 1.4300 before turning down. This will be the level for me to pick short with SL 50 pips. Target exit is at 1.4120.

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