• EUR/USD reverts to 1.1435 after Mon blip up to 1.1446; capped

• Steering away from 21 DMA resistance 1.1468 again

• That short-term chart barrier has previously deflected rallies

• Bollinger downtrend channel at 1.1387 beckons to short-sellers

• EUR/USD weakness persists despite US NFP miss denting Fed hike odds

• Germany budget proposes huge increase in borrowing
EUR


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)