Eurusd update - 7 Nov 2011 Mon

Good morning,

I am back. Took some time studying the chart.

I expect eurusd to climb up to 1.3950 regions.
On the bottom, eurusd should reach 1.3710 - 1.3740.
I favor picking long around 1.3730, SL below 1.3700. Target exit is around 1.3950.
2 things to note if eurusd breaks 1.3700, abandon this long view. If view correct, eurusd may go higher, this will be evaluated as we move on.

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