Traders are betting the pair rises - net long equivalent $2.4 billion

Options vols sinking implying less chance of the move traders hope for

There is an interest rate gap of roughly 1.5% supporting USD

EUR/USD range this year 1.0601-1.1047

On Monday pair reached 1.1009 then dropped to 1.0905 on Wednesday

The "daily cloud twist" under 1.08, next week, could well exert magnetism

SNB's reserve operations have great influence - trapping EUR/USD