Last four days EUR/USD has set a higher daily low

This bullish trend began at an elevated point within 2020's uptrend

Nov 23 low 1.1800, Nov 24 low 1.1838, Nov 25 1.1882, Nov 26 1.1885

Today Nov 27 the low so far is 1.1908 EBS

Not only extends trend but also represents change of big figure

Stability at this point would suggest real money supply is waning

Corp, option, reserves operations may have been sated. Less resistance

In contrast specs who have reduced longs will react to a break over 1.20