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Why I’m trading EURUSD: Collins

Alan Collins of 3cAnalysis is looking to short EURUSD.

He says that the tone of the market is still dominated by Friday’s post–Brexit price action. 

Collins is shorting at current levels and looking to add to that on any profit–taking attempts near 1.1110.

His targets are this week's 1.0970 low, last week's base of 1.0908 with potential in the medium term towards 1.0778. He says that only above 1.1181 is, temporarily, positive.


 

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