EUR/USD: Entering the most important week in recent years: -Flows: Bids 1.0570/50. More ahead of 1.05. Stops below. Offers 1.0640/50. More ahead of 1.0700/720. Stops above. -S/T tech: Negative below 1.0640/720 with scope for limited losses into mid 1.05's and 1.05 should the decline extend. Given o/s intraday readings and proximity of congested support in 1,0550/500 area expect progress on the downside to be more difficult from now on. Shorts off 1.0750 closed. Increasing risk of squeeze higher. -M/T tech: Negative below 1.1080 with rallies seen as an opportunity to sell for a test of 1.06 initially and 1.0450 should ... (full story)