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Euro USD OVER CROWDED
Dec 19, 2024 at 14:17
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1 Replies
Dec 19, 2024 at 14:17
Base on latest cot data euro usd is over crowded on short position commercials are in long and non-commercials are in historic short position which will see short squees in near future .
how ever in forex risk management is a must . my bias is toward the upside in coming weeks. so as stop hunter risking 2 percent of my account no more pending buy limit at 1.03445 stop 1.02907 tp 1.06300
how ever in forex risk management is a must . my bias is toward the upside in coming weeks. so as stop hunter risking 2 percent of my account no more pending buy limit at 1.03445 stop 1.02907 tp 1.06300
Dec 23, 2024 at 05:27
The EURUSD pair has bounced upwards but is facing resistance at 1.0475. Technical indicators suggest a potential return to a bearish trend. If the pair breaks below 1.0333, it could further decline but if it goes above 1.0475, we can see a bullish trend.
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