Market Sentiment: Optimism for Euro – But Here’s My Plan

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According to last CME report, there’s clear bullish sentiment across major currencies trading against the US dollar.

We’re seeing naked calls placed at multiple levels above current prices:

1.38 on GBP快照
1.295 on CHF快照
In other words: options traders are pricing in further USD weakness.

This aligns with earlier signals:

1.The JPY 'Butterfly' (still active) 快照
2. The EUR 'Ratio spread' — also still in play
So what’s my move today?

✅ First: I exited all positions this morning.
No overexposure ahead of the Fed decision.

🎯 Now: I’m watching for long entries near the ER zone (see chart).
Notably, just below ER low boundary - put at 1.185 (act as support), which appeared in the report.

The option is worth ~$900K — not huge, but significant enough to catch my eye.

I’ll watch closely — and only enter if price respects it.

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