Below is my longer term EURUSD picture showing the small one lot Long Only Open Interest (what I call the "smart money" tongue in cheek). We are at the same exposure levels as at the top in 2018 with a very similar multiple topping pattern. It's early days but in the meantime I like any "sell the rally" strategies and will go with the momentum if 1.1740 breaks. Hopefully after a decent break there will be a retracement which will set up an even stronger sell.
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