FOREX ANALYSIS: Crowds Most Net Short EURUSD Since High
Retail forex trading crowds remain aggressively long the US Dollar (ticker: USDOLLAR) against the Euro, and a contrarian view of crowd sentiment favors further EURUSD gains. Traders are now their most net-short since the Euro traded to December highs of $1.3120 and first turned short when the pair crossed above $1.27 through mid-November.
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