Tuesday pair dipped to 1.0775 - Wednesday pair rises 1.0767-1.0860 EBS

Jan high at 1.0874 at risk following swift recovery

Traders betting heavily EUR/USD rises nL1N3420ND

Rebound should encourage traders to hold or perhaps add to longs

Top 20-day Bollinger bands 1.0898, 50% fall after taper announced 1.0897

Top weekly Ichimoku cloud 1.0930, 50% 2021-22 drop is 1.0938

Option and corp supply should be significant throughout 1.09-1.10

The surging price of oil is bad news for FX traders nL1N3430LL