The majority are sellers...which could make for one really big pop if their shorts don't play out....Im long...
ZenTrader007
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There is a triangle top there at 1.12637, and the bigger move is down below the triangle after that it appears. EUR index is looking weak. at a turning point. maybe one last small impulse left in it to the upside first like you are showing. Thanks!
Shahron
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@ZenTrader007, so far the market is in a heavily downtrend, i was looking for a retracement before pursue with the trend. Hopefully it can reach the top range before move back in its way. Welcome !
ZenTrader007
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@Shahron, I agree it sure looks like a retracement, but it looks like it might not go as high as your target shown. I hope so though! good luck