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Buy EURUSD on dips: Collins

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Alan Collins of 3CAnalysis is looking to buy EURUSD on dips. He says that, although last week posted net losses, after a sequence of 3 up weeks, sentiment continues to be positive.

Alan Collins is long at current prices and is looking to buy a dip to 1.1243. He thinks that upside potential targets are 1.1344, 1.1374 or even towards 1.1432. 

Only below 1.1196 signals that this view is incorrect, he says.