EURUSD

This pair just painted some bearish divergence on the 1hr - it's got an RSI oversold triangle formed, Heatmap is red showing maxed out bullish volume and it's currently sat on a fib level resistance line. Top of the wedge it's created over the last two week or so.

Waiting on confirmation for a Bearish call.

COT Data shows -3,122 positions on the Long Euro side. and overall momentum is 78K short to 51k Long.

However Retail Sentiment is currently 43% Long.



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