Short EUR/USD at 1.3993 stop at 1.4065 We have a breakout indicator signaling a short and a good pullback to the 21 wave . I am a little cautious about this trade just due to the psyc level of 1.4000 but overnight we did have a 3o min bar close below it and the trend is down so I am willing to take the risk. I have set a target of 1.3955 I will watch this trade very close for any signs that the trend might be changing . Be careful today I don't think we will get any but we could see some surprises from the senate on the Bernanke confirmation

good trading

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