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Ian Coleman, from First4Trading, is looking to sell eurodollar. He says that dips have been bought in the USD Index. Because we are close to a corrective channel top at 96.45, he says there is scope for a mild sell-off into this Tuesday morning.That should trigger the EURUSD trade.

He says EURUSD medium term bias is bearish and that it's in an expanding wedge formation. Intraday is in a corrective channel formation, the base of which is 1.1150. He's looking at mild bounces to get short.

Sell: 1.1200

Targets: 1.1150 and 1.1100

Stop: 1.1230