Euro Forecast Turns Aggressively Bearish
EURUSD – The ratio of long to short positions in the EURUSD stands at 1.29 as nearly 56% of traders are long. Yesterday, the ratio was at 1.13 as 53% of open positions were long. In detail, long positions are 2.6% higher than yesterday and 12.2% stronger since last week. Short positions are 10.5% lower than yesterday and 27.1% stronger since last week. Open interest is 3.6% weaker than yesterday and 1.8% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD losses.
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