Forex Trader Positions Warn of Key Euro Test Ahead
- Retail FX sentiment warns of potentially significant Euro turnaround
- Why do we use retail sentiment as a contrarian indicator? View our video guide
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View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar remains in position to hit further highs versus the British Pound, but we see risks of a potentially significant Euro reversal.
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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.
--- 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.