EUR/USD extends rebound towards best levels of the day

The dollar is continuing to weaken this evening and that is seeing the EUR/USD push close to the highs seen much earlier today during the Asian session, when the Euro peaked at 1.0435. The point about that high made much earlier today; it was close to a potential break above the upper end of the noted double top, at 1.0437. Well, of course that is still intact as this update is written, but it is also possible there might be stops in place above 1.0437 and judging by the price action just now, it would seem someone might just be gunning for them. We shall just have to see, if the level holds again, or if there is a push above 1.0437 and from there on where that leads to. The EUR/USD is right now at 1.0428