FX.co ★ berta.hill | EUR/USD

COT reports show that traders are increasingly confident in the European currency. For the third consecutive week, they have been increasing their "long" positions on the euro, following a two-week break. It is noteworthy that the current net position value has reached a record high in the past two and a half years. If this trend continues, it is quite likely that the EUR/USD pair will continue its upward movement.