Eurusd update - 5 Dec 2011 Mon

Good morning,


I expect eurusd to continue to turn down this week.


Therefore, good to pick short around 1.3480 - 1.3500 with slight possibility of testing resistance top at 1.3550. Remember, once it breaks this top, abandon all short view.


I believe once it breaks below 1.3360, it will continue to 1.3210 or even retest the supporr level at 1.3145.


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