Quick Takes Video: A Top or Pause for EUR/USD?

Talking Points:

• EUR/USD posted a quick intraday reversal that resulted in a daily candle with a larger upper wick
• The call between a persistent 2017 bull trend and a single day's sharp reversal has many more factors behind it
• It is more difficult to reverse strong trends; but regardless of direction, conviction will be difficult to produce

See how retail traders are positioning behind EUR/USD with a dramatic intraday reversal and deepening questions of fundamental drive on the DailyFX Sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

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