3 Reasons for a Euro Shot

3 out of 5 indicators are bullish, also the dollar index is showing signs of weakness which is good for the euro:
1 indicator - the latest COT report
2 indicator - retail trades
3 indicator - option flow sentiment

However, since we're seeing a narrow range, there's a chance that the euro might have a false breakout before it moves higher.
Beyond Technical AnalysisChart PatternsCOTEURUSDeurusdbuyforexsentimentmarketsentimentTrend Analysis

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