EURUSD: Short 1.1245, broken uptrend. USD set to surge?
The uptrend neckline of this head and shoulders is now toast and the bias is obviously negative.
Net USD positioning has moved into negativity territory for the first time since May 2014, which was roughly when EURUSD topped.
pbs.twimg.com/media/Cgzbob6WgAAdnbF.jpg:large
USD looks set to surge.
Net USD positioning has moved into negativity territory for the first time since May 2014, which was roughly when EURUSD topped.
pbs.twimg.com/media/Cgzbob6WgAAdnbF.jpg:large
USD looks set to surge.
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