In light of advanced figures from CME Group for EUR futures markets, open interest rose by nearly 9.7K contracts on Wednesday from Tuesday’s final 510,193 contracts. In the same line, volume increased sharply by more than 107.5K contracts, recording the second build in a row.
EUR/USD looks for another test of 1.1500
EUR/USD‘s up move on Wednesday was on the back of increasing open interest and volume, opening the door for the continuation of the bull run, at least in the near term and with immediate target at the 1.1500 milestone.