EURUSD: EURO at the Fault Line

Bloomberg reports hedge funds closed bullish euro positions and flipped net short before tariff tensions resurfaced.

This wasn’t reaction t was positioning ahead of political and trade risk.
That shift suggests downside risk was already being priced by large players.
Source: Bloomberg.com

EURUSD is now testing a key value area.
If expectations play out and this level fails, price could rotate lower toward 1.15.
Bias stays cautious while below value.