📊 CFTC Data shows 🏦 Banks Short 🔴 Position on $EURUSD

🎩🔎 $eurusd - here's a look at the banks short positions when they are aggressive. The first time they were was at the bottom of price 1.05's, after they accumulated a short on the way down. The next time is in the 1.08's - much higher than before and more aggressive.

This could mean a couple things, either the banks are getting in short at a higher price which was the plan all along, in preparation for a larger drop to come OR they play to take profits on their short now, just as before, and then a large price rally is about to take place.

Which on do you think it is? leave your comments down below.