Speculators doubled bets on EUR/USD rising between Apr 2-9

EUR/USD rallied 1.0725-1.0885 EBS in that period

EUR/USD has sunk 1.0885-1.0653 since spurring losses for those long

Drop below 1.0596 would target 1.0448 - base ahead Sep-Dec surge

Sell-off is currently stretched well below base 20-day BBs at 1.0706

Heightened risk aversion stemming Mid-East to further underpin dollar