Bets on EUR/USD rinsing slashed to just $1.6 bln equivalent

Smallest wager on a rally since traders turned bullish in Sep 2022

EUR/USD has sunk from 1.1139 in Dec 28 to 1.0601 EBS in April

Sell-off paused last week after becoming oversold below base 20-day BBs

Base 20-Day Bollinger has since fallen to 1.0581 below key fibo at 1.0596

Fall under 1.0596 would suggest 2023 low at 1.0448 is revisited