Looking at EURUSD we see price tapping Liquidity below all the buy orders. price is still in a ranging faze so now we look at lower time frames to catch the possible upward movement of the EUR.COT also indicates a turn in net positions seeing the net positions growing slowly.
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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.