eurusd update - 2 Aug 2011 Tues

Good morning everyone,

Yesterday eurusd fell as forecast. I took profit around 1.4240 at 1230am Singapore time.
For those still holding short, it is strongly advise to move your stoploss to your entry level.
Today, I expect eurusd to turn down further but eurusd may go sideway until tonight when US market opens. In any case if eurusd climb to a high 1.4320 - 1.4340, good to pick short around this regions. SL around 50 pips and target exit is around 1.4150. Ultimate target is as mentioned to reach 1.4050 - 1.4100.

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