By Jeremy Boulton — Apr 25 - 04:45 AM
EUR/USD is pushing the top of 20-day and week Bollinger bands
This overbought situation is being ignored
Traders recently added roughly $3 billion to their long positions
Net $22.5 billion staked on a rise is largest gamble since Jan 2021
The broader USD is rising which should concern EUR/USD traders nL1N36S0J4
Source:
Refinitiv IFR Research/Market Commentary