EUR/USD traders lightened their load at the end of 2020

Longs were pared from $23.6 bln USD equivalent to current $21.8 bln

Start 2021 has seen EUR/USD rallying, likely as longs re-established

Wider conditions reflect a great will to gamble nL1N2JF0BCnL1N2JF0FB

Traders were long a record $31.3 bln in August and that may be exceeded

Longs will strangle the bull trend, more likely when pair reaches 1.25-1.26