• EUR/USD 1.1525-40 EBS range on Wednesday

• Overbought conditions are easing

• Scope for rise toward peak 20-day BBs at 1.1552

• Peak of daily Ichimoku cloud and 100-DMA are 1.1561

• Traders are short, oil down, techs more bullish

• Run on stops likely should pair rise over 1.1561

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