Traders are heavily long and making money

There is never a bad time to book profits, perhaps a better one

EUR/USD is approaching target for min tech correction of the downtrend

A 38.2% retrace 1.2266-0.9528 drop is 1.0574

EUR/USD is relatively overbought - at 1.0532 peak 20-day Bollingers bands

Notable bearish signal - 100-WMA 1.1196 crossing below 200-WMA 1.1251

It's almost year-end- a period that often sees risk pared