EURUSD LONG TRADE IDEA

MARKET MAKERS BIAS (CFTC COT INDEX REPORT)
>Commercials (Blue Line) - Still at the Bullish zone
>Retailers (Red Line) - Still at the Bearish zone (Always Wrong)
>Fund Managers (Orange Line) - The Trend Followers, They are rolling over positions and added long positions this week.

Value Correlation vs. USD
>Oversold (Bullish), The EURO is 98% Negatively Correlated to US Dollar

Technical Analysis
>Since our bias for the money makers and Value Correlation analysis is Bullish, therefore we use Supply and Demand to look for a reason to be Bullish which is to find a Quality demand zone
>Our highlighted Weekly/Daily Demand zone has explosive imbalance candles that could mean there could still be unfilled orders that was not filled before.

Disclaimer: This post is for informational and educational purposes only and should not be considered financial advice. It reflects general market fundamentals and personal speculation. Always do your own research and consult with a professional before making any financial decisions. Trade at your own risk.