• EUR/USD choppy on US data & Draghi
  
  
• Draghi upbeat early on, adds to lift, 200 HMA eyed, little pullback
  
  
• Bouts of soft US data see DE-US spreads contract, pair lifts on that 
  
  
• Spec offers remain 1.1250/60, more offers into 1.1300
  
  
• Consolidation near long-term lows intact, bear pennant forming on monthly chart
  
  
• Suggests lower levels in long-run, above 1.1530/40 dents long-term bear view