Euro May Have Set Key Low as Retail Forex Sentiment Turns
- High-flying Greenback may have finally set short-term top
- See full analysis below in individual currency sections
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View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail FX traders have bought aggressively into the most recent US Dollar pullback, and a contrarian view of sentiment suggests the Euro and others may have finally set short-term lows.
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.