EURUSD Price Analysis: Bears move in towards a key trendline support

Bulls could be gathered near 1.0150 on the way down.is pressured into a key trendline on the hourly chart and could be on the brink of a significant downside correction. The focus is on the US Dollar and net positioning turned net short in the latest week for the first time since mid-July 2021, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday.

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