Last week the euro shorts were "lightly smoked" as the euro rose in the face of a large decline in short contracts. The euro is extremely weak and buying, when it occurs, is mostly short covering. This snapshot from July 3 shows the euro just before it breaks to new 2-year lows.
Form 8.5 (EPT/RI) - Mattioli Woods
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*FORM 8.5 (EPT/RI)*
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