EUR futures: extra pullbacks remain on the cards

In light of advanced figures for EUR futures markets from CME Group, investors added around 2K contracts to their open interest positions on Thursday, while volume shrunk by nearly 22.3K contracts after two consecutive daily builds.

EUR/USD still targets 2019 lows at 1.1176

The bearish view in EUR/USD stays unchanged so far, although the leg lower could rake a breather following unclear trends in open interest and volume. The immediate target on the downside remains at YTD lows near 1.1180.