USD DOLLAR possible long for short term4h time frame price tapped demand zone. suspect bullish for 105.60. if price retest 104.00 then ideal long setup on usd dollar. stop loss below 103.70, target: 105.60
Forexfund
GBPUSD possible short for 1.235536K long removed by last 4 weeks & 20K shorts increased.
Net position 57k shorts increase by last 4 weeks.
longer term view by 10 weeks 48k long removed, 27k shorts increased.
Net position changed by last 10 weeks increased 75k shorts.
23% shorts increased by last 4 weeks while 29% shorts increased by last 10 weeks.
Net impact is bearish by Non-Commercials.
supply zone for short 1.2645-2700. stop loss: 1.2720, target: 1.2355
