EURUSD Analysis

My outlook on EURUSD. Price retraced to the 62% Fibonacci retracement zone, together with the neckline retracement of the W formation. Also its in the zone of forming a possible Inverted Head and Shoulders pattern. All of that together with COT conformation of a big increase in net positions on the COT report for EUR, indicates a Long position might be on the cards for this week.