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$EURS trading around $1.16 ...sitting at a pretty interesting premium zone.
As long as it holds that $1.14–$1.17 support pocket, there’s room for it to stabilize back toward the $1.18 – $1.20 band.
But if it slips below $1.14, that premium could unwind and we might revisit the $1.11 – $1.13 range.