EUR/USD has edged higher as USD weakens and risk improves this week
1.08135-1.08345 EBS range so far Wednesday, faces tech hurdles
Close above 100-dma 1.0823 and daily cloud top 1.0838 to help bulls
Would open April 9 peak 1.0885. In-Line or CPI miss could be catalyst
FX options have been covering risk of further s-term EUR/USD gains
FX options flag extent of post CPI volatility FX risk potential
Beware huge option strikes expiries between 1.0750 and 1.0900 post CPI
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