[B]EUR: [/B]The 13 week index has rolled over from 100, which indicates a sentiment extreme (optimism extreme in this case).
This is bearish for the euro (sentiment can remain extreme for a number of weeks though).
[B]Implications:[/B] bearish
[B]EUR: [/B]The 13 week index has rolled over from 100, which indicates a sentiment extreme (optimism extreme in this case).
This is bearish for the euro (sentiment can remain extreme for a number of weeks though).
[B]Implications:[/B] bearish