Eurusd update - 17 May 2011 Tues

Good morning everyone,

Yesterday, I failed to catch the top when market retraced back to 1.4244. As I will usually close my working order after 7pm.

Anyway, I expect market to consolidate, forming a inside candle today. Therefore, recommend to pick short when market test the top 1.4224 and fail to break higher. SL can be minimised to 40 pips and target exit around 1.4080.

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