The institutional sentiment shows an extremely EUR/USD , as everybody know all extremes are bad. We know that given previous historical data every time we get to an exposure extreme a position shift starts to occur, i believe that is the case here.
Institutional long exposure as of this day is at a 2 year high.
-Accumulation phase since august resulted in a 2 year higher high & close.
-Current Area is of historical importance, behavior in this area will probably determine Q1 and possibly Q2 movement.
RSI: Just off Overbought territory.
MOM: Long term Divergence.