Home EUR futures: door open for further pullbacks

EUR futures: door open for further pullbacks

Published date: 28 Jun. 2018 | 11:12

According to advanced figures for EUR futures markets from CME Group, open interest increased by almost 4.6K contracts on Wednesday from Tuesday’s final 481,383 contracts. In the same line, volume rose for the second session in a row, this time by around 56.2K contracts.

EUR/USD looks south of 1.1500

The weekly downside in EUR/USD has been on the back of rising volume and open interest, a bearish signal that allows for further decline and a potential visit to the 1.1500 neighbourhood”¦ and probably below.

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