Last week Non-Commercials added 9 464 longs and also added 2 099 shorts. The previous week the data showed longs where closed to push price back down to a buying area. The net positions increased by 7 365, The focus here is longs.
Meanwhile Retail traders are net short 70% ????
Together with uptrend and lower expectations of inflation for the year EURUSD is very bullish and we are looking at Demand to hold and supply areas to be removed.
Meanwhile Retail traders are net short 70% ????
Together with uptrend and lower expectations of inflation for the year EURUSD is very bullish and we are looking at Demand to hold and supply areas to be removed.
