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	<title>StraightForex Blog &#187; head and shoulders</title>
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		<title>EURUSD: Short or Long?</title>
		<link>http://www.straightforex.com/forex_blog/2009/06/17/eurusd-short-or-long/</link>
		<comments>http://www.straightforex.com/forex_blog/2009/06/17/eurusd-short-or-long/#comments</comments>
		<pubDate>Wed, 17 Jun 2009 17:57:46 +0000</pubDate>
		<dc:creator>Raul Lopez</dc:creator>
				<category><![CDATA[Technical]]></category>
		<category><![CDATA[EURUSD Analysis]]></category>
		<category><![CDATA[head and shoulders]]></category>

		<guid isPermaLink="false">http://straightforex.com/forex_blog/?p=65</guid>
		<description><![CDATA[
			
				
			
		
The EURUSD could break the next short term support level and validate a Head and Shoulders formation, but there is another scenario, what if the market breaks the next short term resistance level? Well that should take it to previous highs. Take a look at the next chart:
So here is my trading plan:
If the market [...]]]></description>
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