Eurusd update - 20 Sept 2012 Thu

Good day all

Yesterday no trade done because the retracement did not reach my entry level.

Today, as I am sitting in front of my computer screen. You will notice eurusd already down 50 pips. Quite fast for a whole day movement. Anyway, I believe eurusd will turn up today.

I just entered long around 1.3010 with 25 pips SL. My target exit as of now is around 1.3160 but I am looking at higher target if 1.3160 is broken.

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