By Jeremy Boulton — Sep 05 - 02:50 AM
EUR/USD sinks to a 3-month low at 1.0758 EBS
Traders have wagered $20 billion on euro rising
Recent closes below 1.0786 target May's low at 1.0635
There is a growing risk of a close below 100-WMA at 1.0750
Closes under 1.0695 would target March low at 1.0517
Those short dollars might get squeezed nL1N3AH0GD
Source:
Refinitiv IFR Research/Market Commentary