What is the Direction of the Net Force in this Loop?

[chronicals]

Homework Statement

http://img8.imageshack.us/img8/8541/netforce.jpg

Homework Equations

The Attempt at a Solution

The forces on the left and right sides cancel. The forces on the top and bottom segments of the loop are in opposite directions, so the magnitudes subtract. So i have found magnitude of the net force, but how about direction?

 

[ideasrule]

Use the right-hand rule.

 

[chronicals]

Use the right-hand rule.

is the net force this direction?
http://img195.imageshack.us/img195/8702/doerusu.jpg

 

[chronicals]

any idea?

 

[Phyisab****]

What is the equation for the force between two current carrying wires?

 

[chronicals]

i have found magnitude of direction of net force , is the direction of the net force which i draw red correct ?