PyramidFx

EURUSD possible short for 1.0615

Short
OANDA:EURUSD   Euro / U.S. Dollar
Non Commercials reducing long positions gradually in last 4 weeks 8k, increased 31k shorts by last 4 weeks. while in longer term view by 10 weeks longs reduced by 38k and shorts added 31k. 5% short increased in last 4 weeks, while 10% shorts increased by last 10 weeks. Net impact in bearish for eurusd. supply zone for short 1.0830-1.0865, stop loss above 1.0885, target: 1.0615.

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