4h time frame price tapped demand zone. suspect bullish for 105.60. if price retest 104.00 then ideal long setup on usd dollar. stop loss below 103.70, target: 105.60
36K long removed by last 4 weeks & 20K shorts increased.
Net position 57k shorts increase by last 4 weeks.
longer term view by 10 weeks 48k long removed, 27k shorts increased.
Net position changed by last 10 weeks increased 75k shorts.
23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks.
Net impact is bearish by Non-Commercials....
