Eurusd update - 9 August 2011 Tuesday

Good morning everyone,

Today in Singapore is a holiday. We are celebrating our national day.
To me is still another ordinary day because market is open and there are much more opportunities to trade! Especially when riding on the right trend!
Those still holding short like me, you may wish to shift SL to our entry level at 1.4370.
Right now, I expect eurusd to continue falling and favour picking short entry around 1.4265 - 1.4285 with SL 50 pips. Target exit remains at 1.4100.

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