3 Reasons for a Euro Shot
3 out of 5 indicators are bullish, also the dollar index is showing signs of weakness which is good for the euro:
1 indicator - the latest COT report
2 indicator - retail trades
3 indicator - option flow sentiment
However, since we're seeing a narrow range, there's a chance that the euro might have a false breakout before it moves higher.
1 indicator - the latest COT report
2 indicator - retail trades
3 indicator - option flow sentiment
However, since we're seeing a narrow range, there's a chance that the euro might have a false breakout before it moves higher.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.