By Jeremy Boulton — Jun 20 - 03:07 AM
• While tech remain supportive the EUR/USD rise is stretched
• The top of 20-day Bollingers is 1.1596, 20-month 1.1477
• Traders are betting heavily on bigger gains
• Overbought situation and longs provide much restraint on EUR/USD rising
• Dips may limited to base daily BB at 1.1284 but pullback likely
•
EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters