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- Brown Brothers Harriman & Co. (based on Bloomberg)
Pair's Outlook
EUR/USD pair consolidated during yesterday's trading session, which also showed that the previous high's resistance zone at 1.3100/30 is strong enough to hold a new upside impetus. Although the price stays in a shadow of the previous high, but larger time frames still remain powerful to push the price higher, without turning indicators in an oversold zone.
Traders' Sentiment
Trader's sentiments in SWFX market have not changed since yesterday, as the price moved so little. 42.8% still have a buy position and 57.2% have a short position. Pending orders segment shows very similar figures, as 52.4% traders are willing to open a long position and 47.6% have placed a short pending order.
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