EUR/USD rally reaches 1.2346 highest since 1.2353 on Apr 20 2018

Pair dips slightly after exceeding 20-day Upper Bollinger at 1.2343

30-day Upper Bollinger is 1.2372. April 19 2018 peak was 1.2400

Weight of EUR longs should now begin to tell on the uptrend nL1N2JH0MB

Fading strength over Bollingers to gain better average for longs may pay

EUR strength is showing up in data. French CPI fell to 0.0% yy

German state CPIs largely zero or below. Italy service PMI collapsed to 39.7

Eurozone service PMI sank to 46.4 in Dec. Final composite 49.1 from 49.8