SaxoTV

Coleman: Shorting EURUSD after mild correction

370 views
October 27, 2015 eur, eur usd, eurgbp, eurjpy, euro, euro area, euro crisis, euro dollar, euro rates, euro strength, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe growth, european, european banks, european central bank, european central banks, european economy, european recovery, european union, eurozona, eurozone, eurozone crisis, eurozone economy, eurozone inflation, eurozone recovery, eurusd, federal reserve, foreign exchange, foreign exchange market, foreign exchange strategy, forex, forex 2014, forex 2014 outlook, forex and more, forex aud, forex audusd, forex buying, forex eurusd, forex exchange, forex gbpusd, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex strategy, forex trade idea, forex trade ideas, forex trading, forex trading 2014, forex trading 2015, forextrading, forward guidance, fx, fx crosses, fx forex, fx investing, fx market, fx marketfx, fx markets, fx marketsf, fx options, fx strategy, fx trade, fx trade idea, fx tradersf, fx trading, fx volatility, saxo tv, sudan, tradingfloor.com, usd, usd eur, usd index, usd jpy, usd strength, usdaud, usdcad, usdchf, usdeur, usdgbp, usdjpy, xau, xauf
After a rally in the Dollar Index rally after last week's ECB meeting, EURUSD hit the top of a daily channel formation.  
Following a mild correction yesterday, Ian Coleman is looking for more downside momentum 
Recent mild net gains were inside the previous day's range forming an indecisive Harami candle.

Top of the channel formation is at 1.1087 which is also bespoke resistance. 
Sell at 1.1087
Target: 1.0980 and 1.0900  
Stop: 1.1117