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Selling into mild rallies on EURUSD: Coleman
The medium-term bias for EURUSD remains bearish, says First4Trading's Ian Coleman.
Although he says two Inside Days have been posted, which are usually a sign of indecision, the intraday chart highlights lower highs.
He explains that there is scope for mild buying at the open but that he's looking to sell into rallies.
Sell: 1.1146
Targets: 1.1075 and 1.0950
Stop: 1.1186
Stop: 1.1186
01:16 minutes
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