Euro / U.S. DollarShort
EURUSD Analysis
The EUR was testing the resistance most of last week and not breaking to the upside. Will we see the initial push to the 62% Fibonacci retracement this week or will price hunt liquidity at the bottom. COT reports indicates Long position being opened but a lot more shorts, suggesting a long term sell but with a initial push first.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.