EUR/USD

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EUR/USDRetail trader data shows 54.23% of traders are net-long with the ratio of traders short to long at 0.84 to 1. Our data shows traders are now at their least net-long EUR/USD since Mar 05 when EUR/USD traded near 1.12.


We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/USD prices may continue to rise.#EUR/USD#

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.


EUR/USD


EUR/USD

#euro##trading#

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