EURUSD surges and looks back toward the highs from last week. Above its 100 day MA.

Dollar selling as investors shun the safety of the USD. Whether right or wrong, the Pavlovian reaction on risk on flows is for the USD to get hit. That has the EUR racing higher today. The range is currently 90 pips. The average over the last 22 days has been 77 pips. Good buying demand in the pair.