• EUR/USD sinks to 1.1362 EBS on Tuesday, session high 1.1395

• The 2026 low at 1.1325 traded on June 24

• Target for minor correction of 1.0125-1.2084 rise is 1.1366

• Big moves tend to follow breaks of 100-WMA currently 1.1310

• Drop toward 1.1100 likely should EUR/USD fall below 1.13

• Lower oil and growing short position limit chance of deeper drop

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EURUSD


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