Eurusd update - 9 Jan 2012 Monday

Good morning everyone,

Happy new year to all once again!

Last week, eurusd broke the support level and dive down to 1.2685.

This week, eurusd may hovers again after reaching 1.2600 regions. I expect strong support at this level. I also favour eurusd to drop further but there may be a retracement back to 1.3200 before dipping further.

Therefore, I favour picking long near bottom around 1.2600 regions this week. Stay tuned!

NOTE: Hello guys I have updated the PnL page. Last year result was good, total profit in terms of pips is 1680.

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