Hello Friends,
Gonna keep it simple here, we have 2 possibilities here, either the double bottom is in play or a slight correction before we reach the resistance line.
COT data has a bullish bias for EUR strength, however we are overbought and can expect a little correction as indicated on this chart.
COT Report Click Here
Good Luck!
Cheers!
Gonna keep it simple here, we have 2 possibilities here, either the double bottom is in play or a slight correction before we reach the resistance line.
COT data has a bullish bias for EUR strength, however we are overbought and can expect a little correction as indicated on this chart.
COT Report Click Here
Good Luck!
Cheers!
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Related publications
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.