Eurusd update - 4 Dec 2012 Tues

Hello all,

Sorry I wasn't able to do any update last Thurs. An unfortunate event happened with my cousin and with my aunt alone, I have to help her out with everything.

Anyway, I favour a climbing Eurusd this week. Right now, immediate resistance is around 1.3180. Once this resistance is broken, I am looking at 1.3300 as my target which I foresee that Eurusd will achieve within these 2 weeks.

So I favour picking long around 1.3040 with 40 pips SL. Target exit is around 1.3160.

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