Eurusd update - 26 MAy 2011 Thursday

Good morning everyone,

I am now conducting the first SiMSCI/ Singapore Stocks live trading in Singapore.

Eurusd formed an inverted Head n Shoulder after failing to break support at 1.4013. Right now, we expect eurusd to turn back up after breaking resistance at 1.4130.

I still hold a short view but news release of China interest in buying euro bonds. So stay out for the day.

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