EUR/USD drops from Jul 1.1276 high to 1.0634 after last week's ECB meeting

During these 43 trading sessions traders bought 10 billion dollars

Long positions reduced from $25.1 billion to $15.2 billion by Sep 12

Given orderly drop and high levels, most bets were sold for a profit

Target to correct Sep-Jul 0.9528-1.1276 rise is 1.0608 EBS

Given the success of their bets traders may begin to re-establish them

ECB signal may not spell the end of EUR/USD uptrend nL1N3AQ1W0