This pair must be treated as bearish until we start to see new structure emerge. I have marked the level of interest that I will be monitoring to see whether it gets respected (sells) or broken (buys), until then we must remain patient and sit on our hands.
According to COT Data Source - 79% are long
According to IG Client Sentiment - 66% are long
According to COT Data Source - 79% are long
According to IG Client Sentiment - 66% are long