EUR/USD: 1.2880 is the next objective of the reversal

 Wed's rejection by the upper 21-day Bolli triggers daily reversal

21-DMA by the Nov 28 swing low by 1.2880 is the initial objective

EUR/USD clinging to its 38.2% Fibo at 1.2950 thus far, unlikely to hold

DEM-USD 2-yr yld spreads are falling & never kept pace w EUR/USD gains

Overbought daily oscillator sell signals reinforce the reversal