Eurusd update - 06 Sep 2011 Tue

Good morning everyone,

A very quick update today.

Eurusd came down yesterday without any retracement. Right now, I am waiting for eurusd to reach my target bottom before picking long. I am waiting for reversal to pick long on eurusd. So right now, I am stay out since I have missed the short, I won't want to chase the market.
So my target bottom remains around 1.4020 - 1.4050 regions.

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