• EUR/USD paused after rapid gains led to overbought situation

• The 55-DMA is about to rise above the 200-DMA - Golden Cross

• Overbought conditions have been alleviated on daily chart

• Top 20-day Bollinger 1.1454 and rising, now close 2025 peak at 1.1474

• Dips have been modest (reaching 1.1264) supporting bullish sentiment

• FX traders have little to fear so they are gambling

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EURUSD

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