The EURUSD currency pair remains bullish after successfully retesting key support levels from last week, as indicated by a strong bullish sentiment in the most recent Commitment of Traders (COT) report. This report highlighted a notable increase in long positions, signaling positive sentiment among institutional traders. Furthermore, this week's COT data shows that the trend of accumulating long positions has continued, reinforcing the market's bullish bias for the Euro against the US Dollar.
Trade closed: stop reached
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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.