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Why I’m trading EURCHF: Coleman

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Ian Coleman of First4Trading.net explains in a technical analysis of charts why he is shorting EURCHF.

He is holding a short position at 1.1044. His stop is at 1.1084. The initial target is 1.0910 and a break would look for further losses to 1.0830.
  
Coleman features technical analysis of a selected trade every Tuesday on Trading Floor.