The EURUSD has been processing a H&S and appears will continue at least another week and most likely into the new year,
In reviewing the DXY chart for both the month and week charts it appears to confirm this bias. Adding to that the 6mth COT report chart of the Larger Speculators has just about leveled off at a -5,000 and hedged by the Commercials/Small Speculators.
In reviewing the DXY chart for both the month and week charts it appears to confirm this bias. Adding to that the 6mth COT report chart of the Larger Speculators has just about leveled off at a -5,000 and hedged by the Commercials/Small Speculators.
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