Fundamentally eur is coming risk off since USD yield rates could collapse faster than eur. Also Bernie could give support as he advocates better ties with Nato allies. This pullback is good time to enter long. No suprise that eur sentiment is bullish.
Technicall is strong support. Oversold. I havent seen but read that COT report is slowing down eur short positions and usd long positions.
Trade active
Pending Home Sales Skid 4.9% in December
Note
Again very good time to add longs for eur and short usd jpy. Especialy usd jpy. Such pullback make perfect entry
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