Eurusd update - 24 Oct 2011 Mon

Good morning everyone,

The summit did not have any concrete plans on the rescue of the euro debts.

Looks like eurusd will be turning down today.
Good to pick short if eurusd retest resistance level at 1.3900 and fail to break above it. SL just above 1.3900.
Target exit is around 1.3700.

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