EUR May Have a Further Decline
Publish Date : 2019/09/26 - 06:23

Investors added around 4.7K contracts to their open interest positions on Wednesday, reaching the second build in a row. In the same line, volume increased by nearly 21K contracts, reversing the previous drop.

EURUSD now targets 1.0925.

EURUSD extended the correction lower on Wednesday amidst rising open interest and volume. The move has opened the door for a potential retracement to YTD lows in the boundaries of 1.0920.

Source: FXstreet

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