<p>Goldman Sachs Prime Brokerage report for July shows:</p><ul><li>Hedge funds have been de-risking in July at levels that are close to record levels for the past decade.</l
<p>Pivot (invalidation): 0.5825 Our preference Short positions below 0.5825 with targets at 0.5695 & 0.5660 in extension. Alternative scenario Above 0.5825 look for further upside with 0.58
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