SaxoTV

Coleman: Move to the upside in EURUSD

638 views
February 11, 2016 equity, eur, eurgbp, eurjpy, euro, euro area, euro dollar, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe growth, european, european central bank, european economy, european recovery, european union, eurozone, eurozone crisis, eurozone economy, eurozone recovery, eurusd, eurusd trade idea, foreign exchange, forex, forex buying, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex trade idea, forex trading, forextrading, fx, fx award, fx crosses, fx forex, fx interbank markets, fx investing, fx market, fx markets, fx options, fx saxo bank, fx spot, fx strategy, fx trade, fx trade idea, fx traders, fx trades, fx trading, fx trends, fx volatility, fxmarkets, fxoptions, fxspot, fxspotf, fxtrade, index, saxo tv, tradingfloor.com, usd, usd eur, usd index, usd jpy, usd strength, usda, usdaud, usdcad, usdcad trading, usdchf, usdchf bullish, usdcny, usdeur, usdgbp, usdgdp, usdjpy, usdjpy currency, usdrub, usdusd, xau, xauf, yell, yellen, yellen interest rates, yellen political, yellen rate increases
Ian Coleman is looking at buying dips in EURUSD after inital losses were recaptured in the pair yesterday.   

"Bespoke resistance at 1.1336 so risk/reward is poor at current levels, there's also a 161.8% at 1.1395 and a reverse trend line at 1.1400 so only looking to buy dips" says Ian. 

Buy at 1.1250
Target 1.1336 & 1.1390
Stop: 1.1220