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Why I'm selling USDJPY: Coleman

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Ian Coleman of First4Trading.net explains in a technical analysis of charts why he is trading USDJPY.

Coleman is looking to sell a break of 109.20. The stop is 109.50. His first target is 108.65, and if that breaks, the second target is 107.85.

Coleman explains the background to a selected trade every Tuesday on Trading Floor.

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