Eurusd update - 18 Nov 2011 Fri

Good morning everyone,

Eurusd is forming a flag right now and looks prone to climb higher.

Good to pick long if eurusd breaks above 1.3540 and stay above it. With SL around 50 pips. Target exit is around 1.3700.

However, abandon long views and turn short if eurusd breaks below support at 1.3420.

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