EUR/USD
USD INDEX Statistics SPECULATORS | COMMERCIALS
– Percent of OI Longs: 81.7 | 3
– Percent of OI Shorts: 19.7 |74.3
– Net Position: 35775 | -41146
– Gross Longs: 47116 | 1739
– Gross Shorts: 11341 | 42885
– COT Index Reading: Extreme Bullish | Extreme Bearish
"Scenario A: Wait for the bulls to break above for a possible long continuation.
Scenario B: Possible price rejection above with a bearish continuation.
Recommendation: wait to see who test rejection zones and fail before any decision. "
– Percent of OI Longs: 81.7 | 3
– Percent of OI Shorts: 19.7 |74.3
– Net Position: 35775 | -41146
– Gross Longs: 47116 | 1739
– Gross Shorts: 11341 | 42885
– COT Index Reading: Extreme Bullish | Extreme Bearish
"Scenario A: Wait for the bulls to break above for a possible long continuation.
Scenario B: Possible price rejection above with a bearish continuation.
Recommendation: wait to see who test rejection zones and fail before any decision. "
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