There is potential to see some upside movement on this pair if the DXY reacts in accordance. We can see an inverse head and shoulders pattern forming If we manage to hold above the previous resistance area marked we could look for buying opportunities into the key level marked.
According to COT data source - 77% long
IG client sentiment - 69% long
According to COT data source - 77% long
IG client sentiment - 69% long
