By Jeremy Boulton — Apr 19 - 02:50 AM
EUR/USD traders have doubled longs since March 22
EUR/USD has fallen steadily since March 22 from 1.1045 to 1.0758
It is extremely rare to double up and escape a bad position
There is a high probability that much bigger losses result
A flip to short positions is likely to occur this year
The exit from longs will put great pressure upon EUR/USD nL2N2WC0F9
EUR/USD longs Click here
Source:
Refinitiv IFR Research/Market Commentary