EUR futures: dips remain shallow

CME Group’s advanced figures for EUR futures markets saw traders scaling back their open interest positions by nearly 200 contracts vs. Monday’s 496,831 contracts. In addition, volume rose by almost 29K contracts.

EUR/USD supported near 1.1830, 10-day sma

EUR/USD is now reverting two consecutive sessions with losses, finding decent support around the 10-day sma near 1.1830. Yesterday’s pullback has been in tandem with a small decrease in open interest, mitigating the likeliness of a deeper retracement.