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Monday, November 22, 2010

FX Update 11/22/2010

The price action feels like we are on stop loss hunting mode and most of it should have been done by now.

I think we should try to play the long side from here around 1.3600 with a 1.3530-40 stop to target 1.3690 and even 1.3740-50 if things clear out..

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