• Crude oil rises from around $102pb toward $106 pb on Monday

• EUR/USD sinks from 1.1217 to 1.1185 EBS

• The 2026 low at 1.1161 is nearby

• Mid-point 1.0125-1.0208 rise (Feb 2025-Jan 2026) is 1.1105

• The 200-WMA is 1.1102

• Target for a break below 1.1105 is 1.0873

• USD's rise could pressure carry trades

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EURUSD

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)