EUR/USD traders have bet $20 billion that pair rises

Pair sinks to 1.0862 EBS from 1.1276 on Jul 18

EUR/USD has dropped below 55, 100-DMAS and daily Ichimoku cloud

Stops below July low at 1.0834 looking vulnerable

Base 20-day Bollinger bands is 1.0851 and 200-DMA 1.0789

The limit for a correction of May-June gains is 1.0786

A break below 1.0786 likely to result in drop toward 1.0635

It may be wise to hedge risk of a rise in FX volatility nL1N39X0J7