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• EUR/USD lows rising: Jul 13 1.1325, Jul 28 1.1353, Aug 13 1.1512
• This week's low 1.1566
• Pair currently retesting 200-DMA at 1.1634, Friday range 1.1623-33
• Potential for week to end with a bullish close over 200-DMA
• The 21-DMA at 1.1606 may cross above 200-DMA - buy signal
• Traders are short of euros , growing probability of a squeeze
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EURUSD

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)